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 £1.65bn
Position in Universe th / 7417

BRIEF-Snyder's-Lance posts Q1 loss of $0.32/share

Tue 10th May, 2016 11:00am
May 10 (Reuters) - Snyder's-lance Inc  LNCE.O : 
    * Snyder's-Lance Inc reports results for first quarter of 
fiscal 2016 
    * Q1 loss per share $0.32 including items 
    * Q1 earnings per share $0.25 excluding items 
    * Q1 earnings per share view $0.23 -- Thomson Reuters 
I/B/E/S 
    * Q1 revenue $463 million versus i/b/e/s view $470.3 million 
    * Updates 2016 full year outlook to reflect acquisition of 
diamond foods 
    * Sees FY 2016 earnings per share $1.20 to $1.30 
    * Sees FY 2016 revenue $2.29 billion to $2.33 billion 
    * Sees 2016 capital expenditures of $80 to $85 million 
    * Sees 2016 adjusted EBITDA of $310 million to $325 million 
    * Snyder's-Lance inc - FY 2016 outlook includes an estimated 
negative impact of $0.10 to $0.12 per diluted share, from 
purchase accounting adjustments 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nPn99Kwnsa 
Further company coverage:  LNCE.O  
 
 (Bengaluru Newsroom: +1-646-223-8780)
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