Nomad Foods’ Upcoming Q4 Earnings Preview 
<p>Deutsche Bank analysts provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/NOMD'>Nomad Foods Limited (NYSE:NOMD)</a> ahead of the upcoming Q4 earnings announcement, scheduled on Feb 23.</p>
<p>Although the analysts believe the company is positioned to meet its full-year target of low-single-digits organic growth and EPS of €1.65-€1.71, they believe 2023 will likely remain challenging given (1) a difficult macro backdrop and potentially eroding consumer demand, (2) still elevated cost inflation (further exacerbated by the uncertainty around Russia/Ukraine crisis), along with (3) higher below-the-line pressures (i.e., rising interest rates).</p>
<p>The analysts expect the company to guide above 2-3% organic growth to a price-driven mid-single-digit range, allowing EBITDA to also rise mid-single-digits as pricing catches up with underlying cost inflation despite margin expansion otherwise limited by volume deleverage/reinvestment.</p>

NYSE:NOMD