ST. LOUIS (AP) — ST. LOUIS (AP) — Post Holdings Inc. (POST) on Thursday reported fiscal fourth-quarter earnings of $81.6 million.
The St. Louis-based company said it had profit of $1.28 per share. Earnings, adjusted for one-time gains and costs, were $1.53 per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.19 per share.
The cereal maker posted revenue of $2.01 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $1.96 billion.
For the year, the company reported profit of $366.7 million, or $5.64 per share. Revenue was reported as $7.92 billion.
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