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Dec 31, 2023

Post Q1 2024 Earnings Report

Reported results for the first quarter of fiscal year 2024 and raised the fiscal year 2024 outlook.

Key Takeaways

Post Holdings reported first quarter net sales of $2.0 billion, operating profit of $209.3 million, and net earnings of $88.1 million. The company raised its fiscal year 2024 Adjusted EBITDA outlook to $1,290-$1,340 million.

First quarter net sales of $2.0 billion

Operating profit of $209.3 million

Net earnings of $88.1 million

Adjusted EBITDA (non-GAAP) of $359.5 million

Total Revenue
$1.97B
Previous year: $1.57B
+25.5%
EPS
$1.69
Previous year: $1.08
+56.5%
Adjusted EBITDA
$360M
Gross Profit
$573M
Previous year: $415M
+38.0%
Cash and Equivalents
$151M
Previous year: $607M
-75.2%
Free Cash Flow
$93.6M
Total Assets
$12.1B
Previous year: $11.4B
+6.3%

Post

Post

Post Revenue by Segment

Forward Guidance

Post management has raised its guidance range for Adjusted EBITDA to $1,290-$1,340 million from $1,220-$1,280 million.

Revenue & Expenses

Visualization of income flow from segment revenue to net income