Lancaster Colony Corp expected to post earnings of $1.03 a share - Earnings Preview

Marzetti Co

03/05/2022 19:32

* Lancaster Colony Corp  LANC.OQ   LANC.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 5. 
    * The Westerville Ohio-based  company is expected to report 
a
9.4% increase in revenue to $390.85 million from $357.25 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Lancaster Colony
Corp is
for earnings of $1.03 per share. For the same quarter last year,
the company reported earnings of $1.35 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 Lancaster
Colony
Corp is $163.5​, above​ its last closing price of $150.83. ​​​

This summary was machine generated May 3 at 18:32 GMT.  All
figures in US dollars  unless otherwise stated