FREE - Whole Earth Brands EPS misses by $0.28 beats on revenue; outlook

Whole Earth Brands (FREE): Q4 GAAP EPS of -$0.13 misses by $0.28.Revenue of $75.7M (+10.1% Y/Y) beats by $0.7M.FY 2021 guidance: Net Product Revenues of $493M-505M vs. consensus of $475.1M (representing reported growth of greater than 78%, and proforma organic growth of 3% to 5%); Adjusted EBITDA of  $82M-85M (representing reported growth of greater than 50%, and proforma organic growth of 3% to 5%); Adjusted Gross Profit Margin of 34%-35% of product revenues; Adjusted EBITDA Margin of ~17% of product revenues; Capital Expenditures of $10M-12M and Tax Rate of ~23%.Press Release

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Whole Earth Brands EPS misses by $0.28, beats on revenue; outlook