Overview

* Post Holdings ( POST ) Q3 net sales rise 1.9% to $2.0 bln, beating expectations

* Adjusted EBITDA for Q3 increases 13.4%, surpassing analyst estimates

* Company raises FY 2025 adjusted EBITDA outlook to $1,500-$1,520 mln

Outlook

* Post raises FY 2025 Adjusted EBITDA outlook to $1,500-$1,520 mln

* Company expects FY 2025 capital expenditures between $450-480 mln

* Post sees favorable $300 mln cash tax impact over next 5 yrs from H.R. 1

* Company to invest $130-$140 mln in Post Consumer Brands network optimization

Result Drivers

* FOODSERVICE GROWTH - Driven by increased distribution in egg and potato products and growth in protein-based shakes

* PPI ACQUISITION - Contributed $8.4 mln to net sales, included in Refrigerated Retail and Foodservice segments

* CONSUMER BRANDS DECLINE - Impacted by pet food distribution losses and cereal category declines

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Sales Beat $2 bln $1.95

bln (8

Analysts

)

Q3 Net $108.80

Income mln

Q3 Beat $397 mln $374.30

Adjusted mln (7

EBITDA Analysts

)

Q3 Gross $596.20

Profit mln

Q3 $234.60

Operatin mln

g Income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the food processing peer group is "buy"

* Wall Street's median 12-month price target for Post Holdings Inc ( POST ) is $126.00, about 18.7% above its August 6 closing price of $102.44

* The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)