Specialty food company Lancaster Colony (NASDAQ:LANC)
will be announcing earnings results tomorrow before market hours. Here’s what you need to know.
Lancaster Colony beat analysts’ revenue expectations by 2.8% last quarter, reporting revenues of $509.3 million, up 4.8% year on year. It was a very strong quarter for the company, with a solid beat of analysts’ EBITDA estimates and a decent beat of analysts’ EPS estimates.
This quarter, analysts are expecting Lancaster Colony’s revenue to grow 2.5% year on year to $483.3 million, improving from the 1.4% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.58 per share.
Analysts covering the company have generally 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 five times 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 what we can expect. Lamb Weston delivered year-on-year revenue growth of 4.3%, beating analysts’ expectations by 2.4%, and Simply Good Foods reported revenues up 15.2%, topping estimates by 1.6%. Lamb Weston traded up 9.1% following the results while Simply Good Foods was also up 9.2%.
Debates over possible tariffs and corporate tax adjustments have raised questions about economic stability in 2025. While some of the shelf-stable food stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4.4% on average over the last month. Lancaster Colony is up 8.4% during the same time and is heading into earnings with an average analyst price target of $199.88 (compared to the current share price of $189.71).
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