Marzetti (NASDAQ: MZTI) reported fourth-quarter adjusted earnings per share of $1.46, exceeding analyst expectations by $0.06, according to data compiled by InvestingPro. The company’s revenue for the period totaled $465.03 million, falling below the $478.95 million consensus estimate.
The Columbus, Ohio-based food manufacturer posted a stock price of $115.76 at the close of trading, up 1.35% over the prior three months. Over the past 12 months, shares have declined 36.20%.
InvestingPro’s financial health assessment rated Marzetti’s performance as "great," though the company has seen four negative EPS revisions within the last 90 days and none positive during the same period.
