Lancaster Colony Corp expected to post earnings of $1.67 a share - Earnings Preview

Marzetti Co

31/01/2023 19:15

* Lancaster Colony Corp  LANC.OQ   LANC.O  is expected
to show a
rise in quarterly revenue when it reports  results on February
2. 
    * The Westerville Ohio-based  company is expected to report 
a
10.9% increase in revenue to $474.984 million from $428.43
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Lancaster Colony
Corp is
for earnings of $1.67 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"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 $210.5​, above​ its last closing price of $190.66. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Dec. 31 2021  1.42        1.50       1.48      Missed  -1
 ​​Sep.        1.63        1.63       1.37      Missed  -16
 30 2021                                                
 Jun. 30 2021  1.31        1.31       1.43      Beat    9.4​
 Mar. 31 2021  1.24        1.24       1.35      Beat    8.9
 Dec. 31 2020  1.44        1.44       1.85      Beat    28.5
 This summary was machine generated January 31 at 19:15 GMT.  All
figures in US dollars  unless otherwise stated