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Lancaster Colony (NASDAQ: LANC) unveils its next round of earnings this Thursday, August 27. Here is Benzinga's everything-that-matters guide for the earnings announcement.
Earnings and Revenue
Analysts covering Lancaster Colony modeled for quarterly EPS of $0.96 on revenue of $298.63 million. Lancaster Colony earnings in the same period a year ago was $1.3 per share. Quarterly sales came in at $323.67 million. If the company were to report in line earnings when it publishes results Thursday, quarterly profit would be down 26.15%. Sales would be down 6.4% on a year-over-year basis. Lancaster Colony's reported EPS has stacked up against analyst estimates in the past like this:
Over the last 52-week period, shares are up 17.8%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Lancaster Colony is scheduled to hold the call at 10:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=http%3A%2F%2Fwww.lancastercolony.com%2Finvestors%2Fevents-and-presentations%2Fdefault.aspx&eventid=2395981&sessionid=1&key=F27BEF8B5320C83C13AC598E9CF9811A®Tag=&sourcepage=register
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