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Flowers Foods Inc Q1 adjusted earnings of $0.30 per share

Flowers Foods Inc (FLO) released a profit for first quarter that fell from last year.

The company's bottom line totaled $51.25 million, or $0.24 per share. This compares with $60.42 million, or $0.29 per share, in last year's first quarter.

Excluding items, Flowers Foods Inc reported adjusted earnings of $63.23 million or $0.30 per share for the period.

The company's revenue for the quarter rose 1.7% to $1.21 billion from $1.19 billion last year.

Flowers Foods Inc earnings at a glance:

-Earnings (Q1): $63.23 Mln. vs. $52.64 Mln. last year.
-EPS (Q1): $0.30 vs. $0.25 last year.
-Revenue (Q1): $1.21 Bln vs. $1.19 Bln last year.

Full year EPS guidance: $1.04 - $1.16
Full year revenue guidance: $3.921 - $3.982 Bln

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