Snyder's-Lance Inc logo

LNCE - Snyder's-Lance Inc News Story

$49.98 0.0  0.0%

Last Trade - 23/03/18

Sector
Consumer Defensives
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £1.67bn
Position in Universe th / 7302

BRIEF-Snyder's-Lance Inc reports Q2 gaap earnings per share $0.04

Tue 8th August, 2017 1:30pm
Aug 8 (Reuters) - Snyder's-Lance Inc  LNCE.O  
    * Snyder's-Lance Inc reports second quarter 2017 financial 
results and provides 2020 financial targets 
    * Q2 earnings per share $0.27 from continuing operations 
excluding items 
    * Q2 gaap earnings per share $0.04 from continuing 
operations 
    * Q2 revenue $579.6 million versus I/B/E/S view $565.9 
million 
    * Q2 earnings per share view $0.24 -- Thomson Reuters 
I/B/E/S 
    * Q2 earnings per share $0.27 excluding items 
    * Q2 gaap earnings per share $0.04 
    * company updates full-year 2017 outlook 
    * By 2020, company is targeting for operating margin to 
reach 14.0% 
    * By 2020 company is targeting for earnings per share, 
excluding special items, to grow at a four-year CAGR of 11-13% 
    * Continues to expect net revenue to be between $2,200 
million and $2,250 million for FY 2017  
    * Now expects adjusted EBITDA to be between $300 million 
and $325 million for FY 2017  
    * Now expects earnings per diluted share, excluding special 
items, to be between $1.10 and $1.20 for FY 2017  
    * Sees FY 2017 capital expenditures of $75 million to $85 
million 
    * FY2017 earnings per share view $1.10, revenue view $2.21 
billion -- Thomson Reuters I/B/E/S 
    * Q2 earnings per share view $0.24 -- Thomson Reuters 
I/B/E/S 
 
Source text for Eikon:  ID:nGNXOCXHXa  
Further company coverage:  LNCE.O  
 
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