Recap: Lancaster Colony Q1 Earnings - Lancaster Colony (NASDAQ:LANC)

Lancaster Colony LANC reported its Q1 earnings results on Thursday, November 3, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

Lancaster Colony beat estimated earnings by 42.11%, reporting an EPS of $1.62 versus an estimate of $1.14.

Revenue was up $33.48 million from the same period last year.

Last quarter the company beat on EPS by $0.86 which was followed by a 3.4% increase in the share price the next day.

Here's a look at Lancaster Colony's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.80	1.03	1.49	1.51
EPS Actual	1.66	0.71	1.25	1.11
Revenue Estimate	410.82M	390.85M	419.85M	408.20M
Revenue Actual	452.41M	403.49M	428.43M	392.06M

To track all earnings releases for Lancaster Colony visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.