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Market Impact: 0.33

Nomad Foods (NOMD) Surpasses Q1 Earnings and Revenue Estimates

NOMD
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Nomad Foods reported quarterly EPS of $0.27, beating the Zacks Consensus Estimate of $0.21 by $0.06, or about 29%. Earnings were down from $0.37 per share a year ago, indicating weaker year-over-year profitability despite the beat. The release is modestly positive for the stock and should be primarily a stock-specific earnings reaction.

Analysis

Nomad Foods reported quarterly EPS of $0.27, beating the Zacks Consensus Estimate of $0.21 by $0.06, or about 29%. Earnings were down from $0.37 per share a year ago, indicating weaker year-over-year profitability despite the beat. The release is modestly positive for the stock and should be primarily a stock-specific earnings reaction.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.28

Ticker Sentiment

NOMD0.32