Lancaster Colony Corp expected to post earnings of $1.51 a share - Earnings Preview

Marzetti Co

01/11/2021 16:47

* Lancaster Colony Corp  LANC.OQ   LANC.O  is expected to show a
rise in quarterly revenue when it reports  results on November
3. 
* The Westerville, Ohio-based company is expected to report  a
16.9% increase in revenue to $408.2 million from $349.24 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 $1.51 per share. For the same quarter last
year, the company reported earnings of $1.45 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 $198.5​, about 14.4% above​ its last closing
price of $170.00. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 302021   1.31        1.31       1.43      Beat    9.4
 Mar. 312021   1.24        1.24       1.35      Beat    8.9
 Dec. 312020   1.44        1.44       1.85      Beat    28.5​
 Sep. 302020   1.60        1.60       1.45      Missed  -9.2
 ​​Jun.        0.96        0.96       1.25      Beat    30.2
 302020                                                 
 Mar. 312020   1.09        1.09       1.09      Met     -0.3​
 Dec. 312019   1.54        1.54       1.72      Beat    11.7
 Sep. 302019   1.24        1.24       1.58      Beat    27.1
 This summary was machine generated November 1 at 16:47 GMT.  All
figures in US dollars unless otherwise stated