Landec: Q2 Earnings Insights

Landec LNDC reported its Q2 earnings results on Wednesday, January 5, 2022 at 04:05 PM.

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

Landec missed estimated earnings by 525.0%, reporting an EPS of $-0.25 versus an estimate of $-0.04, which surprised analysts.

Revenue was up $87.45 million from the same period last year.

Last quarter the company missed on EPS by $0.11, which was followed by a 10.31% drop in the share price the next day.

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

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	-0.12	-0.01	0.02	0.01
EPS Actual	-0.23	0.07	-0.09	0.02
Revenue Estimate	129.12M	124.58M	139.75M	134.24M
Revenue Actual	128.79M	139.83M	137.78M	130.90M

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