Lancaster Colony Corp expected to post earnings of $1.31 a share - Earnings Preview

Marzetti Co

24/08/2021 13:31

* Lancaster Colony Corp  LANC.OQ   LANC.O  is expected to show a
rise in quarterly revenue when it reports results on August 26. 
* The Westerville, Ohio-based company is expected to report   a
14.8% increase in revenue to $368.287 million from $320.85
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 $1.31 per share. For the same quarter last
year, the company reported earnings of $1.25 per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"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 $205​, about 9.4% above​ its last closing price
of $185.65. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  1.24        1.24       1.35      Beat    8.9
 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.          1.09​       1.09       1.09      Met     -0.3​
 31​ 2020​                                              
 Dec. 31 2019  1.54        1.54       1.72      Beat    11.7​
 Sep. 30 2019  1.24        1.24       1.58      Beat    27.1
 Jun. 30 2019              1.29       1.09      Missed  -15.7
 This summary was machine generated August 24 at 12:31 GMT.  All
figures in US dollars unless otherwise stated