Lancaster Colony Corp expected to post earnings of $1.50 a share - Earnings Preview

Marzetti Co

01/02/2022 15:46

* Lancaster Colony Corp  LANC.OQ   LANC.O  is expected
to show a
rise in quarterly revenue when it reports  results on February
3. 
    * The Westerville Ohio-based  company is expected to report 
a
12.0% increase in revenue to $419.85 million from $375.02
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 $1.50 per share. For the same quarter last year,
the company reported earnings of $1.85 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 $170​, about 6.6% above​ its last closing price
of $158.77. ​​​

This summary was machine generated February 1 at 15:46 GMT.  All
figures in US dollars  unless otherwise stated