Lancaster Colony Corp expected to post earnings of 80  cents a share - Earnings Preview

Marzetti Co

23/08/2022 13:37

* Lancaster Colony Corp  LANC.OQ   LANC.O  is expected
to show a
rise in quarterly revenue when it reports  results on August
25. 
    * The Westerville Ohio-based  company is expected to report 
a
6.6% increase in revenue to $410.825 million from $385.57
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 80 cents per share. For the same quarter last
year, the company reported earnings of $1.43 per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"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 $136​, below​ its last closing price of $146.74. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  1.03        1.03       0.91      Missed  -11.7
 Dec. 31 2022  1.42        1.50       1.48      Missed  -1
 Sep. 30 2021  1.63        1.63       1.37      Missed  -16​
 Jun. 30 2021  1.31        1.31       1.43      Beat    9.4
 ​​Mar.        1.24        1.24       1.35      Beat    8.9
 31 2021                                                
 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
 This summary was machine generated August 23 at 12:37 GMT.  All
figures in US dollars  unless otherwise stated