Post Holdings Sees Q1 Net Sale In Line - Quick Facts

(RTTNews) - Consumer packaged goods holding company Post Holdings, Inc. (POST) provided certain preliminary unaudited selected financial data for the first quarter of fiscal 2015.

The company said it estimates net sales of about $1.07 billion, and adjusted EBITDA of about $126 million to $128 million for the quarter. Analysts polled by Thomson Reuters estimate net sales of $1.07 billion for the quarter. Analysts' estimates typically exclude special items.

The company noted that each of Post's businesses performed consistent with Post management's expectations for the first fiscal quarter, except for Post Foods and Michael Foods which outperformed Post management's expectations.

The company added that the above estimates include about three months of financial results from its acquisition of the PowerBar and Musashi brands and related assets on October 1, 2014 and about two months of financial results from its acquisition of American Blanching Co. on November 1, 2014.

Looking ahead, Post management continues to expect fiscal 2015 adjusted EBITDA to be between $540 million and $580 million, excluding any contribution from the acquisition of MOM Brands.