Lancaster Colony Corp reports results for the quarter ended in December - Earnings Summary

Marzetti Co

02/02/2023 14:32

* Lancaster Colony Corp  LANC.OQ  reported quarterly
adjusted
earnings of $1.66​​ per share for the quarter ended in December.
The mean expectation of four analysts for the quarter was
for earnings of $1.67 per share.
    * Revenue rose 11.4% to $477.39 million from a year ago;
analysts
expected $474.98 million. 
    * Lancaster Colony Corp's reported EPS for the quarter was
$1.45​.
    * The mean earnings estimate of analysts had risen by
about 11.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Lancaster Colony Corp shares had fallen by 2.0% this
quarter.
    * The company reported quarterly net income of $39.97
million.
    * Wall Street's median 12-month price target for Lancaster
Colony
Corp is $210.50 
    * 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." 

This summary was machine generated from Refinitiv data February
2 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.67           1.66           Missed
 Sep. 30 2022      1.14           1.62           Beat
 Jun. 30 2022      0.80           1.66           Beat
 Mar. 31 2022      1.03           0.91           Missed