LENEXA, Kan. (AP) — LENEXA, Kan. (AP) — Hostess Brands, Inc. (TWNK) on Tuesday reported first-quarter profit of $38.3 million.
The Lenexa, Kansas-based company said it had profit of 28 cents per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share.
The company posted revenue of $345.4 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $338.4 million.
Hostess Brands expects full-year earnings in the range of $1.08 to $1.13 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TWNK at https://www.zacks.com/ap/TWNK
