Lancaster Colony: Q3 Earnings Insights

Lancaster Colony LANC reported its Q3 earnings results on Thursday, May 4, 2023 at 07:30 AM.

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

Earnings

Lancaster Colony missed estimated earnings by 4.3%, reporting an EPS of $0.89 versus an estimate of $0.93.

Revenue was up $61.44 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.22 which was followed by a 0.03% increase in the share price the next day.

Here's a look at Lancaster Colony's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 1.67 1.14 0.80 1.03
EPS Actual 1.45 1.62 1.66 0.71
Revenue Estimate 474.98M 421.57M 410.82M 390.85M
Revenue Actual 477.39M 425.54M 452.41M 403.49M

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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