Pinnacle Foods Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2017. For the quarter, the company reported net sales of USD 883,506,000 against USD 585,481,000 a year ago. Earnings before interest and taxes were USD 199,374,000 against USD 173,310,000 a year ago. Earnings before income taxes were USD 168,238,000 against USD 168,238,000 a year ago. Net earnings attributable to company and subsidiaries common stockholders was USD 443,873,000 or USD 3.71 per diluted share against USD 88,144,000 or USD 0.74 per diluted share a year ago. Adjusted net earnings were USD 111,767,000 or USD 0.94 per diluted share against USD 93,517,000 or USD 0.79 per diluted share a year ago. Adjusted EBIT was USD 204,233,000 against USD 182,467,000 a year ago. Adjusted EBITDA was USD 230,737,000 against USD 209,490,000 a year ago.

For the year, the company reported net sales of USD 3,144,002,000 against USD 3,127,938,000 a year ago. Earnings before interest and taxes were USD 448,656,000 against USD 479,645,000 a year ago. Earnings before income taxes were USD 279,222,000 against USD 340,547,000 a year ago. Net earnings attributable to company and subsidiaries common stockholders was USD 532,049,000 or USD 4.45 per diluted share against USD 211,117,000 or USD 1.79 per diluted share a year ago. Net cash provided by operating activities were USD 415,953,000 against USD 487,504,000 a year ago. Capital expenditures were USD 94,226,000 against USD 101,050,000 a year ago. Adjusted net earnings were USD 304,380,000 or USD 2.55 per diluted share against USD 253,677,000 or USD 2.15 per diluted share a year ago. Adjusted EBIT was USD 569,263,000 against USD 538,595,000 a year ago. Adjusted EBITDA was USD 675,157,000 against USD 644,367,000 a year ago.

For 2018, the company expects adjusted diluted EPS in the range of USD 2.85 to USD 2.95. At the guidance mid-point, this outlook represents growth of 16% versus the comparable 52-week Adjusted diluted EPS of USD 2.50 in 2017.