Recap: Lifeway Foods Q4 Earnings
Portfolio Pulse from Benzinga Insights
Lifeway Foods (NASDAQ:LWAY) reported Q4 earnings, beating estimates with an EPS of $0.26 against the expected $0.21 and a revenue increase of $6.25 million year-over-year. This follows a pattern of surpassing EPS estimates in previous quarters, notably leading to a 39.0% share price increase after last quarter's earnings beat.
March 20, 2024 | 1:10 pm
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Lifeway Foods reported higher than expected Q4 earnings with an EPS of $0.26 and a notable year-over-year revenue increase, continuing its trend of earnings beats.
Given Lifeway Foods' history of surpassing earnings estimates and the positive reaction of the stock price to last quarter's earnings beat, it's likely that this trend of outperformance will positively impact the stock price in the short term.
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