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