Lifeway Foods (LWAY) Misses Q3 Earnings and Revenue Estimates
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Lifeway Foods (LWAY) reported Q3 earnings of $0.19 per share, missing the Zacks Consensus Estimate of $0.27 per share, and down from $0.23 per share a year ago.
November 14, 2024 | 4:30 pm
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Lifeway Foods reported Q3 earnings of $0.19 per share, missing the Zacks Consensus Estimate of $0.27 and down from $0.23 a year ago.
The earnings miss is significant as it not only fell short of analyst expectations but also showed a decline from the previous year's performance. This could lead to a negative short-term impact on the stock price as investors react to the underperformance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100