• Tue. Feb 7th, 2023

Recap: Lancaster Colony Q1 Earnings – Lancaster Colony (NASDAQ:LANC)

ByBenzinga Insights

Nov 3, 2022
Recap: Lancaster Colony Q1 Earnings - Lancaster Colony (NASDAQ:LANC)

Lancaster Colony LANC reported its Q1 earnings results on Thursday, November 3, 2022 at 07:30 AM.

Here’s what investors need to know about the announcement.

Earnings

Lancaster Colony beat estimated earnings by 42.11%, reporting an EPS of $1.62 versus an estimate of $1.14.

Revenue was up $33.48 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.86 which was followed by a 3.4% increase in the share price the next day.

Here’s a look at Lancaster Colony’s past performance:

 








Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.80 1.03 1.49 1.51
EPS Actual 1.66 0.71 1.25 1.11
Revenue Estimate 410.82M 390.85M 419.85M 408.20M
Revenue Actual 452.41M 403.49M 428.43M 392.06M

To track all earnings releases for Lancaster Colony visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.



Image and article originally from www.benzinga.com. Read the original article here.