NEW YORK (TheStreet) -- Post Holdings (POST) shares are tanking, down -23.4% to $34.11 on Friday, after the cereal maker reported an adjusted net loss of -30 cents per share, 57 cents worse than the 27 cent per share profit analysts were expecting.
The company also lowered its full year EBITDA forecast to between $260 million and $270 million from its previous guidance of between $300 million and $320 million.
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 a number of strengths, 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 robust revenue growth and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income."
Highlights from the analysis by TheStreet Ratings Team goes as follows:
- You can view the full analysis from the report here: POST Ratings Report