Quantum Foods warns of a big drop in headline earnings

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The chicken and egg producer expects its headline earnings to drop close to two-thirds 🔒

Quantum Foods has warned investors to brace for a big drop in its headline earnings when the chicken and egg producer releases its 2022 results in November.

The company, spun off from Pioneer Foods in 2014, expects headline earnings per share , a widely used measure of profit that strips out impairments and one-off items, to drop close to two-thirds to 19.3c for the year to end-September...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

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