Lancaster Colony Corp expected to post earnings of $1.38 a share - Earnings Preview

Marzetti Co

30/04/2024 17:33

* Lancaster Colony Corp  LANC.OQ   LANC.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 2 for
the period ending March 31 2024
    * The Westerville Ohio-based  company is expected to report
a
0.7% increase in revenue to $468.067 million from $464.94
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Lancaster Colony Corp is
for
earnings of $1.38 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"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 $208.00​, above​ its last closing price of $190.35. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  1.62        1.63       1.87      Beat    15.1
 Sep. 30 2023  1.61        1.61       1.59      Missed  -1
 Jun. 30 2023  1.29        1.29       0.33      Missed  -74.4​
 Mar. 31 2023  0.93        0.93       0.89      Missed  -4
 ​​Dec.        1.66        1.67       1.66      Missed  -0.4
 31 2022                                                
 Sep. 30 2022  1.13        1.14       1.62      Beat    42.4​
 Jun. 30 2022  0.80        0.80       1.66      Beat    106.9
 Mar. 31 2022  1.03        1.03       0.91      Missed  -11.7
 This summary was machine generated April 30 at 16:33 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)