Lancaster Colony Corp expected to post earnings of $1.24 a share - Earnings Preview

Marzetti Co

30/04/2021 15:02

* Lancaster Colony Corp  LANC.OQ   LANC.O  is expected to show
a rise in quarterly revenue when it reports results on May 4.
* The Westerville, Ohio-based company is expected to report  a
5.8% increase in revenue to $340.02 million from $321.36 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for Lancaster Colony Corp
is for earnings of $1.24 per share. For the same quarter last
year, the company reported earnings of $1.09 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "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 $200​, about 7.1% above​ its last closing price
of $185.76. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  1.44        1.44       1.85      Beat    28.5
 Sep. 30 2020  1.60        1.60       1.45      Missed  -9.2
 Jun. 30 2020  0.96        0.96       1.25      Beat    30.2​
 Mar. 31 2020  1.09        1.09       1.09      Met     -0.3
 Dec.          1.54​       1.54       1.72      Beat    11.7​
 31​ 2019​                                              
 Sep. 30 2019  1.24        1.24       1.58      Beat    27.1​
 Jun. 30 2019              1.29       1.09      Missed  -15.7
 Mar. 31 2019  1.21        1.21       1.11      Missed  -8.3
 This summary was machine generated April 30 at 14:02 GMT.  All
figures in US dollars unless otherwise stated