Treehouse Foods Inc. (THS) reported fourth quarter adjusted net income of $0.86 per share Thursday morning, down from $0.85 per share last year. The consensus estimate was for EPS of $0.86. Full year 2013 adjusted EPS is expected to be between $3.00 and $3.10. The consensus estimate is for EPS of $3.10.
Treehouse Foods has been rising sharply since the open of trade Thursday and is now up 3.30 at $56.18. The stock has climbed to a 4-month high and has re-crossed its 200-day moving average.
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