Lancaster Colony Corp reports results for the quarter ended March 31 - Earnings Summary

Marzetti Co

30/04/2025 14:32

Lancaster Colony Corp LANC.OQ reported quarterly adjusted earnings of $1.49​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.03.  The mean expectation of seven analysts for the quarter was for earnings of $1.59 per share. Wall Street expected results to range from $1.52  to $1.65 per share.

Revenue fell 2.9% to $457.84 million from a year ago; analysts expected $483.92 million.

Lancaster Colony Corp's reported EPS for the quarter was $1.49​.

The company reported quarterly net income of $41.12 million.

Lancaster Colony Corp shares had risen by 10.2% this quarter and gained 11.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 0.6% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the food processing peer group is also "hold"

Wall Street's median 12-month price target for Lancaster Colony Corp is $195.50

This summary was machine generated from LSEG data April 30 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
1.59
1.49
Missed
Dec. 31 2024
1.93
1.78
Missed
Sep. 30 2024
1.66
1.62
Missed
Jun. 30 2024
1.40
1.26
Missed