Earnings Outlook For Lifeway Foods
Portfolio Pulse from Benzinga Insights
Lifeway Foods (NASDAQ:LWAY) is anticipated to release its quarterly earnings report on March 20, 2024, with analysts expecting an EPS of $0.21. The company's past performance shows a pattern of beating EPS estimates, leading to significant share price movements. Shares are currently trading at $10.61, reflecting a 73.07% increase over the last 52 weeks. Investors are keen on both the earnings outcome and the company's future guidance.
March 19, 2024 | 4:01 pm
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Lifeway Foods is expected to report an EPS of $0.21 for the upcoming quarter, with a history of surpassing EPS estimates leading to significant stock price movements. Currently, shares have seen a 73.07% increase over the past year.
Given Lifeway Foods' history of exceeding EPS estimates and the subsequent positive impact on its stock price, there is a strong likelihood of a positive short-term price movement, especially if the company beats the EPS estimate again and provides optimistic future guidance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100