Lifeway Foods Inc expected to post earnings of 20 cents a share - Earnings Preview

Lifeway Foods

09/08/2024 19:53

* Lifeway Foods Inc  LWAY.OQ   LWAY.O  is expected to show a
rise
in quarterly revenue when it reports  results on August 13 for
the period ending June 30 2024
    * The Morton Grove Illinois-based  company is expected to
report a
16.0% increase in revenue to $45.5 million from $39.23 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Lifeway Foods Inc is for
earnings of 20 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Lifeway
Foods Inc
is $24.00​, above​ its last closing price of $11.34. ​​​

This summary was machine generated August 9 at 18:53 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)