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

Marzetti Co

23/08/2023 14:31

* Lancaster Colony Corp  LANC.OQ  reported quarterly
adjusted
earnings of 33 cents​​ per share for the quarter ended in June.
The mean expectation of four analysts for the quarter was
for earnings of $1.29 per share.
    * Revenue rose 0.5% to $454.66 million from a year ago;
analysts
expected $481.13 million. 
    * Lancaster Colony Corp's reported EPS for the quarter was
33
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.4%
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 9.1% this
quarter and
lost 7.4% so far this year.
    * The company reported quarterly net income of $9.17
million.
    * Wall Street's median 12-month price target for Lancaster
Colony
Corp is $221.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 23 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.29           0.33           Missed
 Mar. 31 2023      0.93           0.89           Missed
 Dec. 31 2022      1.67           1.66           Missed
 Sep. 30 2022      1.14           1.62           Beat