TreeHouse Foods Posts $90M Loss

The company's revenue fell far short of Wall Street projections.

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TreeHouse Foods Inc./PRNewswire

OAK BROOK, Ill. (AP) β€” TreeHouse Foods Inc. on Monday reported a loss of $90.5 million in its third quarter.

The Illinois-based company said it had a loss of $1.61 per share. Earnings, adjusted to account for discontinued operations and non-recurring costs, came to 18 cents per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share.

The food maker posted revenue of $875 million in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $1.29 billion.

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