What To Expect From Lancaster Colony’s ($LANC) Q4 Earnings?

The fourth quarter financial results of Lancaster Colony (NASDAQ: LANC) will be revealed on Thursday 22nd August 2024. The big news will come out before market open, so investors can learn more about how the company is doing financially.

Financial analysts on Wall Street are anticipating that the organization will announce an estimated $1.40 profit per share for the quarter. Furthermore, the firm is projected to disclose a total revenue of $463.11 million for this period.

The earnings report for the corresponding quarter in the previous year showcased a per-share income of $1.19. This considerable sum was attributed to the company's total revenue, which reached an impressive $454.66 million during that specific quarter.

The company's full-year performance projections, as provided by Wall Street analysts, suggest a total revenue of $1.88 billion. Further, they expect the earnings per share to achieve profit of $6.03 for the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Q3 2024 $1.44 +61.8% 471.45 M +1.4%
Q2 2024 $1.93 +33.1% 485.92 M +1.8%
Q1 2024 $1.59 -1.9% 461.57 M +8.5%
Q4 2023 $1.19 -28.3% 454.66 M +0.5%

*Growth on year-over-year basis

Lancaster Colony (LANC) shares traded as low as $197.15 and as high as $201.36 on a day volume of 181.30 thousand shares, closed Wednesday's regular trading session at $197.60, decline of 0.31 percent.

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