Post Holdings, Inc. (POST) released a profit for second quarter that decreased from last year but beat the Street estimates.
The company's bottom line totaled $62.6 million, or $1.03 per share. This compares with $97.2 million, or $1.48 per share, last year.
Excluding items, Post Holdings, Inc. reported adjusted earnings of $88.7 million or $1.41 per share for the period.
Analysts on average had expected the company to earn $1.21 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 2.4% to $1.952 billion from $1.999 billion last year.
Post Holdings, Inc. earnings at a glance (GAAP) :
-Earnings: $62.6 Mln. vs. $97.2 Mln. last year.
-EPS: $1.03 vs. $1.48 last year.
-Revenue: $1.952 Bln vs. $1.999 Bln last year.
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