Recap: Lancaster Colony Q4 Earnings

Shares of Lancaster Colony LANC remained flat after the company reported Q4 results.

Quarterly Results

Earnings per share fell 15.38% over the past year to $1.10, which beat the estimate of $0.96.

Revenue of $320,854,000 decreased by 0.87% year over year, which beat the estimate of $298,630,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Lancaster Colony hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Aug 27, 2020

Time: 10:00 AM

ET Webcast URL: 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&regTag=&sourcepage=register

Price Action

52-week high: $172.93

Company's 52-week low was at $114.55

Price action over last quarter: Up 19.26%

Company Profile

Lancaster Colony Corp is a manufacturer and marketer of speciality food products. Most of its revenue (approximately 95%) is generated in the United States. The company serves both retailers and foodservice companies. By product segment, the company divides its portfolio into non frozen (roughly 70% of net sales) and frozen food. The key products and brands are salad dressing and sauces (Cardini's, Girard's, Marzetti), frozen garlic breads (New York Brand Bakery, Mamma Bella), vegetable dips and fruit dips (Marzetti), frozen parkerhouse-style yeast rolls and dinner rolls (Sister Schubert's, Mary B's), premium dry egg noodles (Amish Kitchen), frozen speciality noodles (Reames, Aunt Vi's), croutons and salad toppings, flatbread wraps, and pizza crusts.