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

Marzetti Co

06/05/2022 12:41

* Lancaster Colony Corp  LANC.OQ  reported quarterly
adjusted
earnings of 91 cents​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was
for earnings of $1.03 per share.
    * Revenue rose 12.9% to $403.49 million from a year ago; 
analysts
expected $390.85 million. 
    * Lancaster Colony Corp's reported EPS for the quarter was a
loss
of 17 cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Lancaster Colony Corp shares had fallen by 6.5% this
quarter and
lost 15.8% so far this year.
    * The company reported a quarterly loss of $4.48 million.
    * Wall Street's median 12-month price target for Lancaster
Colony
Corp is $163.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 6 at 11:41 a.m.  ​All
figures in US dollars unless otherwise stated