NEW YORK (TheStreet) -- PinnacleFoods (PF) stock closed up by 0.62% to $42.32 on Wednesday, ahead of the company's 2015 fourth quarter results, due out before the market open on Thursday. 

Analysts surveyed by Thomson Reuters are projecting the Parsippany, NJ-based distributor of food products to report earnings of 69 cents per share on revenue of $728.7 million.

Last year, Pinnacle reported earnings of 64 cents per share on revenue of $705.3 million during the 2014 fourth quarter. The company's results were hurt by a decline in sales within Pinnacle's DuncanHines Grocery segment and its Specialty Foods segment.

Earlier this year, Pinnacle Foods completed its acquisition of Boulder Brands. 

Separately, 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.

TheStreet Recommends

TheStreet Ratings rates this stock as a "buy" with a ratings score of B+. he company's strengths can be seen in multiple areas, such as its revenue growth and solid stock price performance. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

You can view the full analysis from the report here: PF

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