Lifeway Foods (NASDAQ:LWAY) Stock, Quote.Headers.trade-ideas

Lifeway Foods

Lifeway Foods Inc is engaged in manufacturing probiotic, cultured, functional dairy health food products. Its primary product is drinkable kefir which is a cultured dairy product. Its product categories are Drinkable Kefir which is the key revenue-driving product, European-style soft cheeses, Cream, ProBugs, Frozen Kefir and Other dairy. The company manufacture and market products under the Lifeway and Fresh Made brand names, as well as under private labels on behalf of customers. It sells the products primarily through direct sales force, brokers, and distributors.

Business,Analyst,Checking,In,Financial,Statement,For,Audit,Internal,Control

Earnings

Equities

News

Markets

Movers

General

LWAY

Lifeway Foods&#39; shares jumped after Q2 earnings exceeded expectations, driven by strong volume growth in Lifeway Kefir. Also, Edward and Ludmila Smolyansky file consent statement to change leadership at Lifeway Foods.

Family Feud Heats Up: Lifeway Foods Soars Amid Earnings Beat and Smolyansky Power Struggle

Earnings Misses

Small Cap

Analyst Ratings

Trading Ideas

Lifeway Foods, Inc. (NASDAQ: LWAY) posted first-quarter 2024 results, wherein the top line beat the Zacks Consensus Estimate, while the bottom line missed the same. Both net sales and earnings experienced a year-over-year increase.


Lifeway Foods Q1 Earnings Miss, Sales Beat Estimates

Hilton hotel sign

BILI

CGEM

NVTS

RBBN

RILY

SAGE

TSLA

Hilton Worldwide Reports Upbeat Results, Joins Hasbro, Vertiv Holdings And Other Big Stocks Moving Higher On Wednesday

Lifeway Foods Inc

Noble Capital Markets analyst Joe Gomes maintains Lifeway Foods (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LWAY#NASDAQ">LWAY</a>) with a Outperform and raises the price target from $20 to $25.

Price Target

Noble Capital Markets Maintains Outperform on Lifeway Foods, Raises Price Target to $25

Lifeway Foods, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LWAY#NASDAQ">LWAY</a>) shares are <a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener">trading higher on Tuesday.</a>
The company reported second-quarter earnings per share of 25 cents, <a target="_blank" href="https://www.benzinga.com/pressreleases/24/08/n40337645/lifeway-foods-announces-record-results-for-the-second-quarter-ended-june-30-2024" rel="noreferrer noopener">beating the analyst consensus of 21 cents.</a>
The company registered net sales of&nbsp;$49.2 million in the quarter under review, up 25.3% year over year, driven by <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">Lifeway Kefir&#8217;s volume growth. </a>Sales outpaced the street view of $45.50 million.
&#8220;Accompanying the very strong, volume-led topline growth, we continued to enhance our profitability profile with solid gross margins and strong net income growth, a testament to the seamless operational execution of our whole Lifeway team,&#8221; commented&nbsp;Julie Smolyansky, President and Chief Executive Officer of Lifeway Foods.&nbsp;
Gross profit as a percentage of net sales was 27.0% for the second quarter ended&nbsp;June 30, 2024. Selling, general and administrative expenses as a percentage of net sales were 15.8% for the second quarter.
&#8220;We are thrilled with our results in the first half of 2024, and will continue to strategically invest behind the Lifeway brand to drive velocities, win new customers and position ourself to deliver more outstanding performances through the second half of this year and beyond,&#8221; Smolyansky added.
The company exited the quarter with cash and equivalents worth $14.6 million. Inventories, at the end of the quarter, stood at $8.454 million.
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/08/40333362/teslas-elon-musk-warns-against-vilifying-oil-and-gas-industry-in-trump-interview-cautions-agains" rel="noreferrer noopener">Tesla&#8217;s Elon Musk Warns Against Vilifying Oil And Gas Industry In Trump Interview, Cautions Against Rushing With Sustainable Energy Transition: &#8216;It&#8217;s Not Like The House Is On Fire Immediately&#8217;</a>
In another development, son and mother&nbsp;Edward and Ludmila Smolyansky, significant shareholders of Lifeway Foods, announced filing a consent statement with the U.S. Securities and Exchange Commission, marking the launch of their &#8220;Life Back to Lifeway&#8221; campaign.
The campaign seeks to replace the health food company&#8217;s current Board, including CEO&nbsp;Julie Smolyansky.
Lifeway Foods was founded by&nbsp;Michael Smolyansky&nbsp;in 1986. When Michael passed away in 2002, his children Julie and Edward took over leadership.
&#8220;Under my sister Julie&#8217;s authority, Lifeway has been on autopilot for far too long, missing critical market opportunities due to a lack of strategic vision,&#8221; said&nbsp;Edward Smolyansky, former COO of Lifeway Foods.&nbsp;
Earlier in 2022, Lifeway Foods entered an agreement with Edward and Ludmila Smolyansky, who agreed to withdraw their director nominations.
Ludmila Smolyansky, co-founder and former Chairperson of Lifeway Foods, added, &#8220;The company, started by my husband and me in 1986, needs a fresh direction that honors its legacy while securing its future. A new path forward will benefit everyone — our employees, our shareholders, and even my daughter Julie.&#8221;
<a href="https://www.benzinga.com//node/39886263">According to a July press release</a>, Ludmila and Edward Smolyansky beneficially owned approximately 29% of the outstanding common stock of Lifeway Foods and urged immediate termination of Julie Smolyansky&#8217;s &#8220;Chief of Staff&#8221; and spouse, Jason Burdeen, a former jeweler.
Price Action: LWAY shares are trading higher by 47.1% to $16.49 at last check Tuesday.
Photo via Shutterstock
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/08/40278776/as-nvidia-leads-magnificent-7-volatility-analyst-says-these-mega-caps-are-poised-to-outperform-s" target="_blank" rel="noreferrer noopener">As Nvidia Leads Magnificent 7 Volatility, Analyst Says These Mega-Caps Are Poised To Outperform Small-Caps — But There&#8217;s A Catch</a></li>
</ul>

WIIM

Lifeway Foods shares are trading higher after the company reported better-than-expected Q2 financial results.

Management

Lifewat Foods Shareholders, Edward And Ludmila Smolyansky, File Constent Statement To Launch "Life Back To Lifeway" Campaign; To Replace Board Of Directors Including CEO Julie Smolyansky

Lifeway Foods (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LWAY#NASDAQ">LWAY</a>) reported quarterly earnings of $0.25 per share which beat the analyst consensus estimate of $0.20 by 25 percent. This is a 19.05 percent increase over earnings of $0.21 per share from the same period last year. The company reported quarterly sales of $49.16 million which beat the analyst consensus estimate of $45.50 million by 8.04 percent. This is a 25.30 percent increase over sales of $39.23 million the same period last year.

Earnings Beats

Lifeway Foods Q2 EPS $0.25 Beats $0.21 Estimate, Sales $49.16M Beat $45.50M Estimate

Lifeway Foods Shareholders Ludmila And Edward Smolyansky Demand Board And CEO Resign

Lifeway Foods, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LWAY#NASDAQ">LWAY</a>) (&quot;Lifeway&quot; or &quot;the Company&quot;), a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, today announced that the Company has been included in the&nbsp;Russell&nbsp;2000&reg; and&nbsp;Russell&nbsp;3000&reg; Indexes, as part of the annual reconstitution of the&nbsp;Russell&nbsp;stock indexes, effective at the open of&nbsp;U.S. equity markets on&nbsp;July 1, 2024.

Government

Regulations

Reported Earlier, Lifeway Foods Joins Russell 2000 Index

Pure Culture Organics Announces Victory As Lifeway Foods Dismisses Lawsuit; PCO To Focus On New Product Developments Including Kids Kefir And Collagen-Enhanced Pouches; Launching New Kefir Flavors

<h3>Gainers</h3>
<ul>
<li>Bruush Oral Care (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRSH#NASDAQ">BRSH</a>) stock moved upwards by 26.8% to $0.15 during Wednesday's regular session. The market value of their outstanding shares is at $15.0 million. </li>
<li>Planet Green Holdings (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/PLAG#AMEX">PLAG</a>) stock increased by 13.76% to $0.24. The market value of their outstanding shares is at $17.5 million. </li>
<li>Davis Commodities (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DTCK#NASDAQ">DTCK</a>) shares rose 11.44% to $1.12. The company's market cap stands at $27.4 million. </li>
<li>United Natural Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNFI#NYSE">UNFI</a>) stock moved upwards by 10.0% to $12.27. The company's market cap stands at $728.9 million. </li>
<li>Dingdong (Cayman) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DDL#NYSE">DDL</a>) stock increased by 9.89% to $2.11. The company's market cap stands at $458.2 million. </li>
<li>Vintage Wine Estates (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VWE#NASDAQ">VWE</a>) shares increased by 9.39% to $0.29. The market value of their outstanding shares is at $17.3 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Edible Garden AG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDBL#NASDAQ">EDBL</a>) stock declined by 47.6% to $2.27 during Wednesday's regular session. The market value of their outstanding shares is at $1.2 million. </li>
<li>Yatsen Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YSG#NYSE">YSG</a>) shares fell 20.22% to $3.63. The market value of their outstanding shares is at $390.9 million. As per the news, the Q1 earnings report came out today. </li>
<li>Mangoceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGRX#NASDAQ">MGRX</a>) stock fell 19.47% to $0.41. The market value of their outstanding shares is at $10.3 million. </li>
<li>Local Bounti (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOCL#NYSE">LOCL</a>) stock declined by 11.3% to $2.87. The market value of their outstanding shares is at $24.3 million. </li>
<li>Shineco (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SISI#NASDAQ">SISI</a>) stock declined by 10.65% to $1.09. The market value of their outstanding shares is at $6.9 million. </li>
<li>Lifeway Foods (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LWAY#NASDAQ">LWAY</a>) shares fell 10.05% to $15.5. The market value of their outstanding shares is at $227.9 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-defensive-stocks/" title="www.benzinga.com/money/best-consumer-defensive-stocks/">www.benzinga.com/money/best-consumer-defensive-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BRSH

DTCK

EDBL

LOCL

MGRX

PLAG

SISI

UNFI

Vintage Wine Estates, Inc. - Common Stock

12 Consumer Staples Stocks Moving In Wednesday's Intraday Session

Lifeway Foods, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lway#NASDAQ">LWAY</a>) posted first-quarter 2024 results, wherein the top line beat the Zacks Consensus Estimate, while the bottom line missed the same. Both net sales and earnings experienced a year-over-year increase. 
Amid macro headwinds, LWAY has notably achieved a significant boost in net sales, particularly driven by strategic sales and marketing investments. These investments are evidently driving volume growth and increasing awareness among consumers. Lifeway Foods has achieved 18th consecutive quarter of growth and reported fourth consecutive quarter of record sales. 
The company has demonstrated remarkable strength on the back of strong operational execution, favorable transportation cost, gross margin expansion and net income growth. These strategic initiatives position it well to capitalize on emerging opportunities and further solidify its position in the market. 
The Zacks Rank #2 (Buy) company&#39;s shares have rallied 115.1% in the past three months compared with the industry&#39;s growth of 22.2%
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/da/66779.jpg?v=1393491047" /> 
Image Source: Zacks Investment Research
<h3>Q1 Details</h3>
Lifeway Foods, the leading producer of probiotic-based products, delivered earnings of 16 cents per share, which missed the Zacks Consensus Estimate of 24 cents. However, the figure increased from earnings of 6 cents in the same period last year. 
Net sales of $44.6 million jumped 17.8% from $37.9 million in the prior-year quarter. Net sales also beat the Zacks Consensus Estimate of $43 million. The uptick was attributable to increased sales volumes of branded drinkable kefir. 
Gross profit of $11.5 million witnessed a significant improvement of 40.2% year over year. Gross margin of 25.8% expanded 410 basis points from 21.7% in the year-earlier quarter. Higher volumes of Lifeway branded products and the favorable impact of transportation costs played a key role in driving growth. 
SG&amp;A expenses of $7.8 million increased 17.8% from $6.7 million a year ago.
<h3>Other Financial Aspects</h3>
LWAY ended the quarter with cash and cash equivalents of $12 million and total stockholders&#39; equity of $63.5 million. Net cash provided by operating activities amounted to $1.5 million.
<div class="chart_embed">
<div class="chart_embed">
<h3>Other Key Picks</h3>
</div>
</div>
Here, we have highlighted three other top-ranked stocks, namely, Tyson Foods (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tsn#NYSE">TSN</a>), Hormel Foods (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hrl#NYSE">HRL</a>) and Colgate-Palmolive Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cl#NYSE">CL</a>). 
Tyson Foods, which operates through the Beef, Pork, Chicken and Prepared Foods segments, currently carries a Zacks Rank #2. TSN delivered an average earnings surprise of 24.4% in the trailing four quarters. 
The Zacks Consensus Estimate for Tyson Foods&#39; current fiscal-year sales and earnings calls for growth of 0.03% and 85.1%, respectively, from the year-ago reported numbers. 
Hormel Foods develops, processes and distributes various meat, nuts and other food products. It currently carries a Zacks Rank #2. HRL has a trailing four-quarter earnings surprise of 3.5%, on average. 
The Zacks Consensus Estimate for Hormel Foods&#39; current financial-year sales suggests growth of 1.2% from the prior-year levels. 
Colgate, a general manufacturer and retailer of consumer products, currently carries a Zacks Rank #2. CL has a trailing four-quarter earnings surprise of 4.4%, on average. 
The Zacks Consensus Estimate for CL&#39;s current fiscal-year earnings and sales suggests growth of 9.3% and 3.9% from the year-ago actuals.
<a href="https://www.zacks.com/stock/news/2274401/lifeway-foods-lway-q1-earnings-miss-sales-beat-estimates?cid=CS-BENZ-FT-analyst_blog|earnings_article-2274401">To read this article on Zacks.com click here.</a>

Lake Street maintains Lifeway Foods (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LWAY#NASDAQ">LWAY</a>) with a Buy and raises the price target from $25 to $28.

Lake Street Maintains Buy on Lifeway Foods, Raises Price Target to $28

Lifeway Foods (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LWAY#NASDAQ">LWAY</a>) reported quarterly earnings of $0.16 per share which missed the analyst consensus estimate of $0.24 by 33.33 percent. This is a 166.67 percent increase over earnings of $0.06 per share from the same period last year. The company reported quarterly sales of $44.634 million which beat the analyst consensus estimate of $42.250 million by 5.64 percent. This is a 17.76 percent increase over sales of $37.904 million the same period last year.

Lifeway Foods Q1 2024 GAAP EPS $0.16 Misses $0.24 Estimate, Sales $44.634M Beat $42.250M Estimate

U.S. stocks were mixed, with the Dow Jones falling over 100 points on Wednesday.
Shares of Hilton Worldwide Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HLT#NYSE">HLT</a>) rose sharply during Wednesday's session after the company reported better-than-expected first-quarter financial results and raised FY24 <a href="https://www.benzinga.com/news/earnings/24/04/38402048/hilton-stock-is-jumping-post-q1-results-heres-why">adjusted EPS guidance.</a>
Hilton Worldwide shares gained 5.7% to $208.21 on Wednesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>B. Riley Financial, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RILY#NASDAQ">RILY</a>) shares gained 29.9% to $28.20 after the company announced the results of an independent investigation showed the company and its executives had no involvement with, or knowledge of, any of the alleged misconduct concerning Mr. Kahn or any of his affiliates.</li>
<li>MMTec, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTC#NASDAQ">MTC</a>) shares jumped 29% to $2.8948.</li>
<li>Ribbon Communications Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RBBN#NASDAQ">RBBN</a>) shares climbed 27.2% to $3.2699 after the company reported first-quarter financial results and issued guidance.</li>
<li>Hasbro, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>) gained 12.1% to $65.13 following better-than-expected first-quarter financial results.</li>
<li>Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) rose 11.9% to $161.93 following first-quarter results.</li>
<li>Vertiv Holdings Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>) gained 11.2% to $88.07 after the company reported better-than-expected first-quarter financial results and raised its 2024 guidance.</li>
<li>Bilibili Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BILI#NASDAQ">BILI</a>) gained 11% to $12.76.</li>
<li>Lifeway Foods, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LWAY#NASDAQ">LWAY</a>) gained 9.9% to $22.50.</li>
<li>Navitas Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVTS#NASDAQ">NVTS</a>) rose 9.2% to $4.1402. Navitas Semiconductor is expected to report first-quarter financial results on Thursday, May 9.</li>
<li>Westinghouse Air Brake Technologies Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WAB#NYSE">WAB</a>) gained 9% to $161.84 after the company reported better-than-expected first-quarter financial results and raised its 2024 guidance.</li>
<li>Stride, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LRN#NYSE">LRN</a>) gained 8.4% to $63.07 after the company reported better-than-expected third-quarter financial results and issued FY24 revenue guidance above estimates.</li>
<li>Cullinan Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGEM#NASDAQ">CGEM</a>) gained 8% to $18.00.</li>
<li>Sage Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAGE#NASDAQ">SAGE</a>) jumped 7.7% to $13.95.</li>
<li>Texas Instruments Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) gained 6.4% to $176.10 following a first-quarter earnings beat.</li>
<li>Boston Scientific Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSX#NYSE">BSX</a>) rose 6.2% to $73.24 after the company reported better than expected first-quarter earnings and issued guidance.</li>
<li>Watsco, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSO#NYSE">WSO</a>) gained 6.2% to $439.17 following first-quarter results.</li>
<li>Group 1 Automotive, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPI#NYSE">GPI</a>) jumped 6.1% to $296.67 after the company reported better-than-expected first-quarter financial results.</li>
</ul>
Read More: Meta Likely To Report Higher Q1 Earnings; Here Are The Recent Forecast Changes From Wall Street&#8217;s Most Accurate Analysts

Lake Street initiates coverage on Lifeway Foods (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LWAY#NASDAQ">LWAY</a>) with a Buy rating and announces Price Target of $25.

Initiation

Lake Street Initiates Coverage On Lifeway Foods with Buy Rating, Announces Price Target of $25

Lifeway Foods shares are trading lower after Noble Capital Markets downgraded the stock from Outperform to Market Perform.

Noble Capital Markets analyst Joe Gomes downgrades Lifeway Foods (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LWAY#NASDAQ">LWAY</a>) from Outperform to Market Perform.

Downgrades

Noble Capital Markets Downgrades Lifeway Foods to Market Perform

As of March 25, 2024, five stocks in the consumer staples sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi"> RSI is above 70</a>, according to <a href="https://pro.benzinga.com/"> Benzinga Pro</a>.
Here&rsquo;s the latest list of major overbought players in this sector.
<h3>Lifeway Foods, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lway#NASDAQ">LWAY</a>)</h3>
<ul>
<li>On March 20, Lifeway Foods posted better-than-expected quarterly results. The company&rsquo;s stock gained around 47% over the past five days and has a <a href="https://www.benzinga.com/quote/LWAY">52-week high of $17.33 </a>.</li>
<li>RSI Value: 80.63</li>
<li>LWAY Price Action: Shares of Lifeway Foods closed at $47.02 on Thursday.</li>
</ul>
<h3>BBB Foods Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tbbb#NYSE">TBBB</a>)</h3>
<ul>
<li>On March 12, Scotiabank analyst Hector Maya initiated coverage on BBB Foods with a Sector Outperform rating and announced a price target of $33. The company&rsquo;s stock gained around 9% over the past five days and <a href="https://www.benzinga.com/quote/TBBB"> has a 52-week high </a> of $23.82.</li>
<li>RSI Value: 76.96</li>
<li>TBBB Price Action: Shares of BBB Foods gained 3.3% to close at $23.54 on Friday.</li>
</ul>
<h3>Origin Agritech Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/seed#NASDAQ">SEED</a>)</h3>
<ul>
<li>On March 20, Origin Agritech announced breakthrough in high-yield corn production through gene editing. The company&rsquo;s stock gained around 24% over the past five days and has a <a href="https://www.benzinga.com/quote/SEED"> 52-week high </a> of $7.18.</li>
<li>RSI Value: 70.38</li>
<li>SEED Price Action: Shares of Origin Agritech gained 3.4% to close at $3.62 on Friday.</li>
</ul>
<h3>WK Kellogg Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/klg#NYSE">KLG</a>)</h3>
<ul>
<li>On Feb. 13, WK Kellog reported better-than-expected fourth-quarter revenue results and issued FY24 guidance. The company&rsquo;s stock jumped around 10% over the past five days and has a 52-week high is $18.59.</li>
<li>RSI Value: 86.62</li>
<li>KLG Price Action: Shares of WK Kellogg gained 2.9% to close at $18.59 on Friday.</li>
</ul>
<h3>Tyson Foods, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tsn#NYSE">TSN</a>)</h3>
<ul>
<li>On March 14, Cal-Maine Foods completed acquisition of assets from Tyson Foods, Inc. The company&rsquo;s stock jumped around 4% over the past five days and <a href="https://www.benzinga.com/quote/TSN"> has a 52-week high </a> of $63.28.</li>
<li>RSI Value: 71.79</li>
<li>TSN Price Action: Shares of Tyson Foods fell 0.1% to close at $58.05 on Friday.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/03/37889794/vista-gold-and-2-other-stocks-under-2-insiders-are-buying"> Vista Gold And 2 Other Stocks Under $2 Insiders Are Buying </a>

Penny Stocks

Short Ideas

Pre-Market Outlook

SEED

TBBB

Top 5 Defensive Stocks That May Plunge This Quarter

Lifeway Foods (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LWAY#NASDAQ">LWAY</a>) reported its Q4 earnings results on Wednesday, March 20, 2024 at 09:00 AM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
Lifeway Foods beat estimated earnings by 24.0%, reporting an EPS of $0.26 versus an estimate of $0.21.
Revenue was up $6.25 million from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company beat on EPS by $0.07 which was followed by a 39.0% increase in the share price the next day.
Here's a look at Lifeway Foods's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.16</td>
<td>0.06</td>
<td>0.08</td>
<td>0.07</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.23</td>
<td>0.21</td>
<td>0.06</td>
<td>0.05</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>39.50M</td>
<td>37.50M</td>
<td>36.00M</td>
<td>39.00M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>40.90M</td>
<td>39.23M</td>
<td>37.90M</td>
<td>35.84M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Lifeway Foods <a href="https://www.benzinga.com/quote/LWAY/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Recap: Lifeway Foods Q4 Earnings

Lifeway Foods (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LWAY#NASDAQ">LWAY</a>) reported quarterly earnings of $0.26 per share which beat the analyst consensus estimate of $0.21 by 23.81 percent. This is a 420 percent increase over earnings of $0.05 per share from the same period last year. The company reported quarterly sales of $42.09 million which beat the analyst consensus estimate of $40.00 million by 5.23 percent. This is a 17.45 percent increase over sales of $35.84 million the same period last year.

Lifeway Foods Q4 EPS $0.26 Beats $0.21 Estimate, Sales $42.09M Beat $40.00M Estimate

Lifeway Foods (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LWAY#NASDAQ">LWAY</a>) is set to give its latest quarterly earnings report on Wednesday, 2024-03-20. Here's what investors need to know before the announcement.
Analysts estimate that Lifeway Foods will report an earnings per share (EPS) of $0.21. 
Lifeway Foods bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company beat EPS by $0.07, which was followed by a 38.59% increase in the share price the next day.
Here's a look at Lifeway Foods's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.16</td>
<td>0.06</td>
<td>0.08</td>
<td>0.07</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.23</td>
<td>0.21</td>
<td>0.06</td>
<td>0.05</td>
</tr>
<tr>
<td>Price Change %</td>
<td>39.0%</td>
<td>9.0%</td>
<td>-1.0%</td>
<td>-5.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1710864062_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Lifeway Foods were trading at $10.61 as of March 18. Over the last 52-week period, shares are up 73.07%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. 
<a href="https://www.benzinga.com/quote/LWAY/earnings">To track all earnings releases for Lifeway Foods visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Outlook For Lifeway Foods

Warning: LWAY is at high risk of performing badly

In a report released today, Joe Gomes from Noble Financial maintained a Buy rating on Lifeway Foods (LWAY – Research Report), with a price target o...

Lifeway Foods (LWAY) Receives a Buy from Noble Financial

Lifeway Foods: Domestic Probiotic Growth Will Likely Lift Shares Higher

Lifeway Foods GAAP EPS of $0.25 beats by $0.05, revenue of $49.2M beats by $3.7M

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Lifeway Foods (NASDAQ:<a href="https://investorplace.com/stock-quotes/lway-stock-quote/">LWAY</a>) just reported results for the second quarter of 2024.<ul><li>Lifeway Foods reported earnings per share of 25 cents. This was above the analyst estimate for EPS of 20 cents.</li><li>The company reported revenue of $49.16 million.</li><li>This was 8.04% better than the analyst estimate for revenue of $45.50 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget AI... THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul>The post <a href="https://investorplace.com/earning-results/2024/08/lway-stock-earnings-lifeway-foods-for-q2-of-2024/">LWAY Stock Earnings: Lifeway Foods Beats EPS, Beats Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

LWAY Stock Earnings: Lifeway Foods Beats EPS, Beats Revenue for Q2 2024

Lifeway Foods: Record Quarter Bolsters My Buy Rating, Strong Kefir Demand To Continue

Noble Financial analyst Joe Gomes maintained a Buy rating on Lifeway Foods (LWAY – Research Report) today and set a price target of $20.00. The com...

Lifeway Foods, Inc. (LWAY) Q2 2024 Earnings Call Transcript

28 Top rated U.S. growth stocks month-to-date in anticipation of Fed cuts

AFRM

AQST

ARIS

CHEF

CVEO

EPRT

EXAS

IBKR

INTA

KVUE

NECB

PLOW

POWL

SKYW

SPYG

TILE

TMUS

TOST

TTWO

VICI

VOOG

Press Releases

Lifeway Foods® Announces Inclusion in Russell 2000® Index

Lifeway Foods Inc. NASDAQ (LWAY) Largest Shareholders, Ludmila and Edward Smolyansky, Demanding the Company's Board of Directors and CEO Resign

Lifeway Foods, Inc. (NASDAQ: LWAY) Largest Shareholders, Ludmila and Edward Smolyansky, Demand Resignations of the Company's CEO and Certain Directors

Lifeway Foods® to Report Second Quarter 2024 Results on August 13, 2024

Lifeway Foods® Announces Record Results for the Second Quarter Ended June 30, 2024

Edward and Ludmila Smolyansky File Consent Statement to Change Leadership at Lifeway Foods (NASDAQ: LWAY)

Lifeway Foods® Organic Strawnana ProBugs Whole Milk Kefir Selected as a Good Housekeeping 2024 Parenting Award Winner

Lifeway Foods® to Participate in the 8th Annual Lake Street Best Ideas Growth Conference

Lifeway Foods® Sponsors Charity Miles to Support Mental Health

Lifeway Foods® Announces New Kefir Distribution in South Africa

Forafric Global

Adecoagro

Mission Produce

B&G Foods

Barfresh Food Group

Bridgford Foods Corporation - Common Stock

Bridgford Foods

Borealis Foods Inc. - Class A Common Shares

Borealis Foods

Beyond Meat

Australian Oilseeds Holdings Limited - Ordinary Shares

Australian Oilseeds Hldgs

Calavo Growers

Farmer Bros

The Hain Celestial Group, Inc. - Common Stock

Hain Celestial Group

John B. Sanfilippo & Son, Inc. - Common Stock

John B Sanfilippo & Son

Coffee Holding Co

Laird Superfood

Mama`s Creations

Moolec Science

Oatly Group AB - American Depositary Shares

Oatly Group

Seneca Foods Corp. - Class A Common Stock

Seneca Foods

Seneca Foods Corp. - Class B Common Stock

Sow Good

Top Wealth Group Holding Limited - Ordinary Shares

Top Wealth Group

Vital Farms

Westrock Coffee

Noble Capital Markets

Lake Street

Lifeway Foods, Inc.

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Comments

Lifeway Foods

Lifeway Foods (LWAY) Forecast

Lifeway Foods (NASDAQ:LWAY) Stock, Quote.Headers.trade-ideas