Associated British Foods released its earnings results on Nov 05, 2024. The company reported $1.384 earnings per share for the quarter, beating the consensus estimate of $1.341 by $0.043.

Is Associated British Foods overvalued?

According to Wall Street analysts Associated British Foods’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Associated British Foods pay dividends?

Associated British Foods pays a Semiannually dividend of $0.277 which represents an annual dividend yield of 1.97%. See more information on Associated British Foods dividends here

What is Associated British Foods’s EPS estimate?

Associated British Foods’s EPS estimate is 1.03.

How many shares outstanding does Associated British Foods have?

Associated British Foods has 719,649,960 shares outstanding.

What happened to Associated British Foods’s price movement after its last earnings report?

Associated British Foods reported an EPS of $1.384 in its last earnings report, beating expectations of $1.341. Following the earnings report the stock price went down -9.18%.

Which hedge fund is a major shareholder of Associated British Foods?

Currently, no hedge funds are holding shares in ASBFY

Associated British Foods Stock Smart Score

Neutral

Fundamentals

Return on Equity

12.04%

Trailing 12-Months

Asset Growth

-0.77%

Trailing 12-Months

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Company Description

Associated British Foods

Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Sugar, Agriculture, Ingredients, and Retail. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses. The Sugar segment is involved in growing, processing, and selling sugar beet and sugar cane to industrial users. The Agriculture segment manufactures and sells animal feeds; and provides other products and services for the agriculture sector. The Ingredients segment manufactures bakers' yeast, bakery ingredients, enzymes, lipids, yeast extracts, and cereal specialties. The Retail segment is involved in buying and merchandising clothing and accessories through the Primark and Penneys retail chains, which offer womenswear, menswear, children's wear, footwear, accessories, homeware, and skincare products. The company was founded in 1935 and is headquartered in London, the United Kingdom. Associated British Foods plc is a subsidiary of Wittington Investments Limited.

ASBFY Company Deck

ASBFY Earnings Call

Q2 2025

0:00 / 0:00

Earnings Call Sentiment|Positive

The earnings call highlighted significant growth and profitability across multiple segments, with substantial investments supporting future growth and shareholder returns. However, challenges in the Sugar division and specific markets like Germany and China were noted, presenting areas of concern.Read More>