For the fiscal second quarter Post reported a loss of -21 cents a share, missing analysts' estimates of 23 cents a share by 44 cents. Revenue grew 77% from the year-ago quarter to $438 million. Analysts surveyed by Thomson Reuters expected revenue of $448 million for the quarter.
The quarterly loss is largely due to charges related to acquisitions and other one-time items. Post closed three acquisitions in the fiscal second quarter: Dakota Growers Pasta Company, Golden Boy Foods and Dymatize Enterprises.
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TheStreet Ratings team rates POST HOLDINGS INC as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:
"We rate POST HOLDINGS INC (POST) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income."