After yesterday's closing bell, the Parsippany, NJ-based food producer reported adjusted earnings of 43 cents per diluted share, which fell short of analysts' estimates of 48 cents per share.
Revenue rose 43.8% to $342.3 million year-over-year and beat Wall Street's expectations of $330.18 million.
For 2016, B&G expects adjusted earnings per diluted share between $1.98 and $2.09 on revenue in the range of $1.38 billion to $1.42 billion, lower than analysts' projections.
Analysts are looking for earnings of $2.10 per share on revenue of $1.45 billion.
About 2.06 million of the company's shares were traded by this afternoon, well above its average volume of 453,099 shares per day.
Separately, TheStreet Ratings Team has a "Buy" rating with a score of A- on the stock.
This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks rated.
The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and compelling growth in net income.
The team believes its strengths outweigh the fact that the company has had generally high debt management risk by most measures that were evaluated.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: BGS