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Stock impact report

Earnings To Watch: Lancaster Colony (LANC) Reports Q1 Results Tomorrow [Yahoo! Finance]

Lancaster Colony Corporation (LANC) 
Last lancaster colony corporation earnings: 10/26 07:20 am Check Earnings Report
Company Research Source: Yahoo! Finance
Lancaster Colony missed analysts' revenue expectations by 1.5% last quarter, reporting revenues of $485.9 million, up 1.8% year on year. It was a strong quarter for the company, with an impressive beat of analysts' gross margin estimates. Is Lancaster Colony a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Lancaster Colony's revenue to be flat year on year at $468.3 million, slowing from the 15.2% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.40 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Lancaster Colony has missed Wall Street's revenue estimates twice over the last two years. Looking at Lancaster Colony's peers in the shelf-stable food segment, some have already reported their Q1 results, giving us a hint as to Show less Read more
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