Lifeway Foods Inc expected to post earnings of 24 cents a share - Earnings Preview

Lifeway Foods

10/05/2024 15:55

* Lifeway Foods Inc  LWAY.OQ   LWAY.O  is expected to show a
rise
in quarterly revenue when it reports  results on May 14 for the
period ending March 31 2024
    * The Morton Grove Illinois-based  company is expected to
report a
11.5% increase in revenue to $42.25 million from $37.9 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 24 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"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 $20.50​, below​ its last closing price of $27.31. ​​​

This summary was machine generated May 10 at 14:55 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)