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Nomad Foods 2025 earnings forecast falls short of analyst expectations

Investing.com — Nomad Foods (NYSE:NOMD) has released its financial forecast for 2025, which includes adjusted earnings per share (EPS) predictions that fall below the average analyst estimate.

The company anticipates an adjusted EPS between EU1.81 and EU1.85, while the Bloomberg Consensus estimate is EU1.89.

Shares in the company fell about 1.5% in premarket Tuesday trade.

In addition to the EPS, the company’s guidance also included predictions for organic net revenue and adjusted Ebitda. Nomad Foods expects a growth in organic net revenue by 1% to 3% and an increase in adjusted Ebitda by 2% to 4%.

This financial forecast was released ahead of Nomad Foods’ presentation at the 27th Annual ICR Conference. The company is optimistic about maintaining positive momentum in 2025.

Nomad Foods’ management has also expressed confidence in achieving its full year 2024 guidance.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

This post appeared first on investing.com

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