Q3 EPS Estimates for Flowers Foods Lowered by Zacks Research

Flowers Foods, Inc. (NYSE:FLO) – Equities research analysts at Zacks Research decreased their Q3 2026 earnings per share estimates for shares of Flowers Foods in a note issued to investors on Thursday, September 10th. Zacks Research analyst Team now expects that the company will earn $0.16 per share for the quarter, down from their prior estimate of $0.18. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Flowers Foods’ current full-year earnings is $0.79 per share. Zacks Research also issued estimates for Flowers Foods’ FY2026 earnings at $0.80 EPS, Q1 2027 earnings at $0.27 EPS, Q2 2027 earnings at $0.21 EPS, Q3 2027 earnings at $0.17 EPS, Q4 2027 earnings at $0.16 EPS, FY2027 earnings at $0.80 EPS, Q1 2028 earnings at $0.37 EPS, Q2 2028 earnings at $0.21 EPS and FY2028 earnings at $0.85 EPS.

Flowers Foods (NYSE:FLO) last posted its quarterly earnings results on Thursday, August 20th. The company reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01). Flowers Foods had a net margin of 1.06% and a return on equity of 14.91%. The business had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.23 billion. During the same quarter last year, the firm earned $0.28 earnings per share. The firm’s quarterly revenue was down 4.0% compared to the same quarter last year. Flowers Foods has set its FY 2026 guidance at 0.750-0.850 EPS.

Other equities research analysts have also issued reports about the stock. Weiss Ratings upgraded shares of Flowers Foods from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, August 27th. Stephens cut their price target on shares of Flowers Foods from $8.00 to $6.00 and set an “equal weight” rating for the company in a report on Monday, August 24th. Finally, Jefferies Financial Group set a $7.00 price objective on shares of Flowers Foods in a research note on Monday, August 3rd. Four equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $7.60.

Flowers Foods Trading Down 1.5%

NYSE:FLO opened at $6.12 on Friday. Flowers Foods has a 1 year low of $6.10 and a 1 year high of $14.41. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.57 and a current ratio of 0.77. The stock has a fifty day moving average price of $7.47 and a two-hundred day moving average price of $7.98. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of 23.52 and a beta of 0.39.

Institutional Investors Weigh In On Flowers Foods

Institutional investors and hedge funds have recently made changes to their positions in the business. Corient Private Wealth LP acquired a new stake in Flowers Foods during the second quarter worth approximately $5,699,000. BlackRock Inc. acquired a new position in Flowers Foods in the 2nd quarter valued at $273,587,000. Bank of New York Mellon Corp acquired a new position in Flowers Foods in the 2nd quarter valued at $12,070,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Flowers Foods during the 2nd quarter worth $8,360,000. Finally, Bank of America Corp DE lifted its stake in shares of Flowers Foods by 21.1% during the 1st quarter. Bank of America Corp DE now owns 1,862,467 shares of the company’s stock worth $15,179,000 after purchasing an additional 324,229 shares during the period. 75.45% of the stock is currently owned by hedge funds and other institutional investors.

Flowers Foods Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 8.2%. The ex-dividend date of this dividend is Friday, September 11th. Flowers Foods’s payout ratio is 192.31%.

Flowers Foods News Roundup

Here are the key news stories impacting Flowers Foods this week:

• Positive Sentiment: Zacks raised its Q1 2028 EPS estimate to $0.37 from $0.34, indicating some expectation for improved profitability in that quarter.
• Neutral Sentiment: Zacks maintained a “Hold” rating on FLO. Its estimates call for $0.80 EPS in fiscal 2026, $0.80 in fiscal 2027 and $0.85 in fiscal 2028, while the current-year analyst consensus is $0.79 per share.
• Negative Sentiment: Zacks cut its fiscal 2026 EPS forecast to $0.80 from $0.86, reduced fiscal 2027 to $0.80 from $0.90, and lowered fiscal 2028 to $0.85 from $0.88. These reductions point to diminished expectations for Flowers Foods’ earnings growth.
• Negative Sentiment: Nearer-term estimates were also reduced: Q3 2026 EPS was lowered to $0.16 from $0.18, Q1 2027 to $0.27 from $0.30, Q2 2027 to $0.21 from $0.23, Q3 2027 to $0.17 from $0.19, and Q4 2027 to $0.16 from $0.18. Q2 2028 was also cut to $0.21 from $0.23.
• Negative Sentiment: The revisions reinforce concerns following Flowers Foods’ latest quarterly report, which missed both EPS and revenue expectations and showed a 4% year-over-year revenue decline. The company reported $0.21 EPS versus the $0.22 consensus and revenue of $1.19 billion versus $1.23 billion expected.

About Flowers Foods

Flowers Foods, Inc is one of the largest producers of packaged bakery foods in the United States, offering a variety of fresh bread, buns, rolls, snack cakes and tortillas. Headquartered in Thomasville, Georgia, the company operates an extensive network of bakeries and distribution centers that serve retail grocery chains, convenience stores, mass merchandisers and foodservice customers nationwide. Flowers Foods markets its products under well-known brands such as Nature’s Own, Wonder, Dave’s Killer Bread, Mrs.