Snyders-Lance (LNCE) Set to Announce Quarterly Earnings on Thursday
Snyders-Lance (NASDAQ:LNCE) will announce its Q114 earnings results on Thursday, May 8th. Analysts expect the company to announce earnings of $0.23 per share and revenue of $436.30 million for the quarter.
Snyders-Lance (NASDAQ:LNCE) last released its earnings data on Friday, February 7th. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by $0.03. The company had revenue of $451.00 million for the quarter, compared to the consensus estimate of $457.77 million. During the same quarter in the previous year, the company posted $0.29 earnings per share. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. On average, analysts expect Snyders-Lance to post $1.31 EPS for the current fiscal year and $1.49 EPS for the next fiscal year.
Shares of Snyders-Lance (NASDAQ:LNCE) traded up 3.31% on Wednesday, hitting $26.83. 127,085 shares of the company’s stock traded hands. Snyders-Lance has a one year low of $24.96 and a one year high of $32.49. The stock’s 50-day moving average is $27.27 and its 200-day moving average is $27.65. The company has a market cap of $1.876 billion and a P/E ratio of 23.19.
Snyder’s-Lance, Inc (NASDAQ:LNCE) is engaged in the manufacturing, distribution, marketing and sale of snack food products.
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