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.

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.

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.