Market Overview

Landec's Earnings Preview

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Earnings Scheduled For October 2, 2018
Landec Q3 Earnings Preview

On Wednesday, Landec (NASDAQ: LNDC) will report its last quarter's earnings. Here is Benzinga's take on the company's latest release.

Earnings and Revenue

Landec earnings will be near 1 cent per share on sales of $135 million, according to analysts.

The Wall Street estimate would represent an 87.5 percent decline in the company's earnings. Sales would be down from the same quarter last year.

Here's how the Landec's reported EPS has stacked up against analyst estimates in the past:


Quarter Q1 2018 Q4 2017 Q3 2017 Q2 2017
EPS Estimate 0.06 0.09 0.13 0.06
EPS Actual 0.08 0.09 0.18 0.08


Q2 EPS Estimate: 0.01
Q2 Revenues Estimate: $135 million

Stock Performance

Shares of Landec were trading at $12.55 on Wednesday. Given that the stock's returns over the last 52 weeks are generally negative, long-term shareholders are likely a little upset going into this earnings release. Over the past 90 days, analysts have adjusted their estimates lower for EPS and revenues. Analysts generally rate Landec stock as Neutral. The strength of this rating has maintained conviction over the past three months.

Posted-In: Earnings News Previews Trading Ideas


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