Landec: Q1 Earnings Insights

Landec LNDC reported its Q1 earnings results on Thursday, October 6, 2022 at 07:15 AM.

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

Earnings

Landec missed estimated earnings by 146.15%, reporting an EPS of $-0.32 versus an estimate of $-0.13.

Revenue was down $85.43 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 2.63% increase in the share price the next day.

Here's a look at Landec's past performance:

 

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.01   -0.04 -0.12
EPS Actual -0.01 -0.08 -0.25 -0.23
Revenue Estimate 45.55M 48.41M 42.93M 129.12M
Revenue Actual 47.63M 53.07M 43.45M 128.79M

To track all earnings releases for Landec visit their earnings calendar here.

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

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