Lancaster Colony Corporation (NASDAQ: LANC) has announced that it will be unveiling its first quarter financial results on Thursday 31st October 2024. This eagerly anticipated announcement is scheduled to occur before market open, ensuring that investors and analysts have the opportunity to gain valuable insights into the company's performance during the quarter.
The financial experts on Wall Street are predicting that the firm will likely report an estimated $1.66 profit per share for the first quarter. Additionally, it is anticipated that the company will reveal a $470.19 million revenue during the quarter.
Wall Street analysts have unveiled their forecasts for the company's yearly performance, estimating a total revenue of $1.92 billion. Additionally, they expect the company to reach profit of $6.67 per share for the fiscal year.
The earnings report for the corresponding quarter in the previous year showcased a per-share income of $1.59. This considerable sum was attributed to the company's total revenue, which reached an impressive $461.57 million during that specific quarter.
LANC will host a conference call with investment community on 31st October 2024 at 10:00 AM eastern time to discuss the financial results.
During Tuesday's trading, Lancaster Colony Corporation (LANC) shares reached a low of $180.04 and a high of $183.12, along with a total volume of 142.30 thousand shares. The stock ended the regular trading session at $182.88, demonstrating a rise of 0.98 percent.
