Lifeway Foods Q4 EPS $0.26 Beats $0.21 Estimate, Sales $42.09M Beat $40.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lifeway Foods (NASDAQ:LWAY) reported Q4 earnings of $0.26 per share, surpassing the $0.21 estimate, marking a 420% increase from last year. Sales reached $42.09M, beating the $40.00M estimate, a 17.45% increase from the previous year.

March 20, 2024 | 1:01 pm
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Lifeway Foods reported a significant beat on both earnings and sales estimates for Q4, with earnings per share at $0.26 and sales at $42.09M.
The substantial beat on both earnings per share and sales estimates, coupled with a significant year-over-year growth, suggests a positive short-term impact on Lifeway Foods' stock price. The company's performance exceeds analyst expectations, which typically leads to increased investor confidence and potential stock price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100