Sun. Dec 22nd, 2024

TreeHouse Foods Stock: What’s Behind the Surge?

TreeHouse Foods Inc. (THS) stock surged 15.2% in extended trading on Tuesday, after the company reported better-than-expected quarterly results and raised its full-year earnings forecast. The food manufacturer’s net income for the third quarter came in at $52.9 million, or $1.01 per share, compared to $38.3 million, or 75 cents per share, in the same period a year ago.

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