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

Marzetti Co

25/08/2022 14:31

* Lancaster Colony Corp  LANC.OQ  reported quarterly
adjusted
earnings of $1.66​​ per share for the quarter ended in June. The
mean expectation of four analysts for the quarter was
for earnings of 80 cents per share.
    * Revenue rose 17.3% to $452.41 million from a year ago;
analysts
expected $410.83 million. 
    * Lancaster Colony Corp's reported EPS for the quarter was
$1.06​.
    * The mean earnings estimate of analysts had fallen by
about 6% 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 risen by 13.8% this
quarter and
lost 11.5% so far this year.
    * The company reported quarterly net income of $29.04
million.
    * Wall Street's median 12-month price target for Lancaster
Colony
Corp is $136.00 
    * 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." 

This summary was machine generated from Refinitiv data August 25
at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.80           1.66           Beat
 Mar. 31 2022      1.03           0.91           Missed
 Dec. 31 2021      1.50           1.48           Missed
 Sep. 30 2021      1.63           1.37           Missed