Lifeway Foods Inc reports results for the quarter ended in March - Earnings Summary

Lifeway Foods

15/05/2023 15:16

* Lifeway Foods Inc  LWAY.OQ  reported quarterly adjusted
earnings
of 6 cents​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for earnings of 8 cents per
share.
    * Revenue was $37.90 million​; analysts expected $36.00
million. 
    * Lifeway Foods Inc's reported EPS for the quarter was 6
cents​.
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Lifeway Foods Inc shares had risen by 0.6% this
quarter and
gained 9.5% so far this year.
    * The company reported quarterly net income of $830
thousand.
    * Wall Street's median 12-month price target for Lifeway
Foods Inc
is $10.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
15 at 02:15 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.08           0.06           Missed
 Dec. 31 2022      0.07           0.05           Missed
 Sep. 30 2022      0.01           0.06           Beat
                                  0.01