Preview: Lancaster Colony's Earnings
Portfolio Pulse from Benzinga Insights
Lancaster Colony (NASDAQ:LANC) is expected to release its quarterly earnings report on Thursday, 2024-02-01, with an estimated EPS of $1.62. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, LANC's stock price has shown varied reactions to earnings performance. The stock was trading at $187.31 as of January 30, with a slight 0.32% increase over the last 52 weeks.
January 31, 2024 | 4:01 pm
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NEUTRAL IMPACT
Lancaster Colony is anticipated to report quarterly earnings with investors focusing on an earnings beat and future guidance. The stock has had a modest year-over-year gain and mixed price reactions to past earnings.
The short-term impact on LANC's stock price will likely hinge on whether the company beats the EPS estimate and provides strong guidance. Historical data shows mixed reactions to earnings reports, making it challenging to predict the direction of the stock price movement. The slight year-over-year gain indicates a stable but not strongly bullish sentiment.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100