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Hostess reschedules third-quarter earnings announcement

Economy, Finance

Hostess Brands Inc. announced Tuesday that it has rescheduled its third-quarter earnings announcement to Nov. 9 after the closing bell from Nov. 3. The Twinkies parent expects third-quarter results to be in line with its internal expectations. As a result, the company maintained its full-year adjusted earnings per share guidance of 83 cents to 87 cents. The FactSet consensus is for EPS of 85 cents. Hostess stock slipped 2.2% in Tuesday premarket trading but has rallied 29.2% for the year to date. The S&P 500 index has gained 22.8% for 2021 so far.

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