Lifeway Foods Q2 EPS $0.25 Beats $0.21 Estimate, Sales $49.16M Beat $45.50M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lifeway Foods (NASDAQ:LWAY) reported Q2 earnings per share of $0.25, beating the analyst estimate of $0.21. Sales were $49.16 million, surpassing the $45.50 million estimate. Both earnings and sales showed significant year-over-year growth.
August 13, 2024 | 1:02 pm
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Lifeway Foods reported Q2 EPS of $0.25, beating the $0.21 estimate. Sales were $49.16M, exceeding the $45.50M estimate. Both metrics showed strong year-over-year growth.
Lifeway Foods' Q2 earnings and sales both exceeded analyst estimates and showed significant year-over-year growth. This positive financial performance is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100