Landec LNDC announces its next round of earnings this Tuesday, August 11. Here is Benzinga's look at Landec's Q4 earnings report.
Earnings and Revenue
Landec EPS will likely be near $0.03 while revenue will be around $156.09 million, according to analysts. In the same quarter last year, Landec announced EPS of $0.12 on revenue of $152.78 million. If the company were to match the consensus estimate when it reports Tuesday, EPS would have fallen 75.0%. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
| Quarter | Q3 2020 | Q2 2020 | Q1 2019 | Q4 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.05 | -0.06 | -0.16 | -0.02 |
| EPS Actual | 0.04 | -0.16 | -0.16 | 0.12 |
| Revenue Estimate | 153.00 M | 142.54 M | 131.14 M | 150.24 M |
| Revenue Actual | 152.93 M | 142.59 M | 138.71 M | 152.78 M |
Stock Performance
Over the last 52-week period, shares are down 3.99%. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Landec is scheduled to hold the call at 17:00:00 ET and can be accessed here: http://public.viavid.com/player/index.php?id=140922
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
