Hostess Brands’ Q1 Earnings Preview
<p>Deutsche Bank provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/TWNK'>Hostess Brands, Inc. (NASDAQ:TWNK)</a> ahead of the company’s upcoming Q1 earnings results, expected to be announced on May 4.</p>
<p>The analysts expect upside to current consensus estimates both in the quarter and for the full year on revenue and EBITDA on account of notable strength/momentum in scanned channels. Thus far in the Q1 earnings season, inflation has uniformly come in ahead of plan, and the analysts expect the company has fared similarly. However, the company's momentum (24% scanned channel growth), planned pricing actions, and productivity initiatives should help to mitigate the net effects of this more elevated inflation. </p>
<p>As a result, the analysts raise their revenue and EBITDA forecasts, pushing their price target to $24 from $23. </p>

NASDAQ:TWNK