NOMD - NOMAD FOODS LTD （）

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Nomad Foods Limited (NYSE:NYSE:NOMD) Q1 2023 Earnings Conference Call May 10, 2023 8:30 AM ETCompany ParticipantsAnthony Bucalo - Head of Investor RelationsStefan Descheemaeker - Chief…

Nomad Foods Ltd (NYSE: NOMD ) reported first-quarter FY23 sales growth of 5.8% year-on-year to €775 million. Revenue of $831.9 million missed the consensus of $851.81 million. Gross profit for the quarter climbed 9.5% Y/Y to €‎224 million. Gross margin increased 100 basis points to 28.9%, linked to … Full story available on Benzinga.com

Companies Reporting Before The Bell • Nomad Foods (NYSE: NOMD ) is projected to report quarterly earnings at $0.42 per share on revenue of $851.81 million. • Banco Latinoamericano (NYSE: BLX ) is likely to report quarterly earnings at $0.42 per share on revenue of $263.98 million. • Beauty Health (NASDAQ: SKIN ) is likely to report quarterly loss at $0.02 per share on revenue of $90.37 million. • Vishay Intertechnology (NYSE: VSH ) is projected to report quarterly earnings at $0.55 per share on revenue of $845.80 million. • Bragg Gaming Group (NASDAQ: BRAG ) is estimated to report quarterly loss at $0.05 per share on revenue of $32.00 million. • Ballard Power Systems (NASDAQ: BLDP ) is projected to report quarterly loss at $0.13 per share on revenue of $24.08 million. • ProFrac Holding (NASDAQ: ACDC ) is estimated to report quarterly earnings at $0.80 per share on revenue of $893.04 million. • Roblox (NYSE: RBLX ) is projected to report quarterly loss at $0.40 per share on revenue of $765.

Nomad Foods (NYSE: NOMD ) reported its Q1 earnings results on Wednesday, May 10, 2023 at 06:45 AM. Here''s what investors need to know about the announcement. Earnings Nomad Foods beat estimated earnings by 16.67%, reporting an EPS of $0.49 versus an estimate of $0.42. Revenue was up $9.16 million from the same period last … Full story available on Benzinga.com

Aside from inflation and military conflict, one of the most-discussed topics centers on global food shortages, thus cynically incentivizing food stocks to buy. Predominantly, Russia’s unjustified invasion of Ukraine dramatically disrupted critical supply chains, resulting in price escalation. In turn, crises throughout the world may turn worryingly volatile as desperate nations become even more so. To be sure, acquiring food stocks to buy won’t solve any of the root problems associated with sector shortages. However, it appears almost inevitable that food prices – along with associated value chains – will swing higher . Therefore, moving ahead of this wave could shield your portfolio from subsequent inflation. Finally, enterprises linked to necessary resources enjoy established frameworks. No, they’re not particularly exciting but they get the job done. And that’s really all you can ask for during these trying times. With that, below are the food stocks to buy as shortages hit consumers.

Nomad Foods is a multinational packaged foods company that produces and distributes a range of frozen food products. See why I rate NOMD stock a buy.

Analyst Jason English upgraded Nomad said the U.K.-based frozen food parent of Birds Eye (in Europe) and Findus, is currently at a favorable investment point.

Earnings results reported late last week encouraged Goldman Sachs to Upgrade Nomad Foods(NOMD) to Buy from Neutral on Monday.

This report was sent to Briefing.com subscribers earlier today. Upgrades: > Baozun (BZUN) upgraded to Outperform from Underperform at CLSA; tgt raised to $7 > Nomad Foods (NOMD) upgraded to Buy from Neutral at Goldman; tgt $21 > Omnicell (OMCL) upgraded to Buy from Hold at The Benchmark Company; tgt $68 > Pulmonx (LUNG) upgraded […]

Nomad Foods owns a portfolio of leader frozen food brands in Europe. Click here to see NOMD''s growth catalysts, potential risks, and my recommendation.

As of Wednesday, Nomad Foods Limited’s (NYSE:NOMD) stock closed at $15.20, up from $14.49 the previous day. While Nomad Foods Limited has overperformed by 4.90%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, NOMD fell by -44.91%, with highs and lows ranging from $28.92 to $14.47, […]

In the last trading session, 4.62 million Nomad Foods Limited (NYSE:NOMD) shares changed hands as the company’s beta touched 0.64. With the company’s per share price at $14.49 changed hands at -$1.02 or -6.58% during last session, the market valuation stood at $2.57B. NOMD’s last price was a discount, traded about -99.59% off its 52-week … Why Nomad Foods Limited (NYSE: NOMD) Stock Shouldn’t Be Sold In 2022 Read More »

Today’s article introduces seven robust stocks to buy ahead of earnings. Given the unprecedented tightening by the Federal Reserve, investors are worried that the overall corporate profitability could further deteriorate in the third quarter. A recent Factset Research Systems (NYSE: FDS ) report highlights “the estimated earnings growth rate for the S&P 500” for the third quarter has declined to 3.5%. Put another way, Wall Street is getting ready for the lowest earnings growth rate in the past two years. Meanwhile, last week’s Earnings Trend report by Zachs reveals an even bleaker picture, forecasting a 1.3% earnings growth for the quarter. If investors were to exclude the energy sector, we would have a decline of -5.4%. Against this backdrop, the bear market offers an attractive opportunity for investors looking to buy wide-moat stocks with solid growth prospects at bargain valuations. With that information, here is our list of the seven stocks to buy ahead of earnings. ABM ABM Industries $38.26 BG Bunge $83.19 EBAY eBay $38.19 HCA HCA Healthcare $191.50 IVE iShares S&P 500 Value ETF $133.06 NOMD Nomad Foods $16.42 TRV Travelers Companies $155.48 ABM Industries (ABM) Source: Maridav/ShutterStock.com 52-week range: $38.08 – $54.00 ABM Industries (NYSE: ABM ) is a leading provider of integrated facility services.

Nomad Foods Limited (NYSE:NOMD) shares, rose in value on Friday, 09/16/22, with the stock price down by -2.59% to the previous day’s close as strong demand from buyers drove the stock to $16.91. Actively observing the price movement in the last trading, the stock closed the session at $17.36, falling within a range of $16.76 … Before You Sell Nomad Foods Limited (NYSE: NOMD) Shares, Here’sWhat You Need To Know. Read More »