Snyder’s-Lance, Inc. (NASDAQ:LNCE) will be announcing its earnings results before the market opens on Monday, November 6th. Analysts expect the company to announce earnings of $0.35 per share for the quarter. Snyder’s-Lance has set its FY17 guidance at $1.10-1.20 EPS.

Snyder’s-Lance (NASDAQ:LNCE) last announced its quarterly earnings data on Tuesday, August 8th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.01. The business had revenue of $579.60 million for the quarter, compared to analysts’ expectations of $565.66 million. Snyder’s-Lance had a return on equity of 5.34% and a net margin of 1.60%. The company’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period last year, the firm earned $0.28 earnings per share. On average, analysts expect Snyder’s-Lance to post $1.16 EPS for the current fiscal year and $1.28 EPS for the next fiscal year.

Shares of Snyder’s-Lance, Inc. (NASDAQ LNCE) opened at 37.91 on Monday. The stock has a 50 day moving average price of $37.79 and a 200 day moving average price of $36.39. Snyder’s-Lance, Inc. has a 52 week low of $31.03 and a 52 week high of $40.85. The firm has a market capitalization of $3.66 billion, a PE ratio of 103.02 and a beta of 0.70.

COPYRIGHT VIOLATION NOTICE: This news story was originally published by American Banking News and is owned by of American Banking News. If you are accessing this news story on another domain, it was illegally stolen and republished in violation of US & international trademark & copyright legislation. The correct version of this news story can be accessed at https://www.americanbankingnews.com/2017/10/30/snyders-lance-inc-lnce-scheduled-to-post-quarterly-earnings-on-monday.html.

In related news, Director Patricia A. Warehime bought 21,263 shares of the business’s stock in a transaction dated Thursday, August 17th. The shares were acquired at an average price of $37.25 per share, for a total transaction of $792,046.75. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Patricia A. Warehime bought 18,839 shares of the business’s stock in a transaction dated Tuesday, August 15th. The stock was bought at an average price of $37.24 per share, for a total transaction of $701,564.36. The disclosure for this purchase can be found here. Corporate insiders own 13.70% of the company’s stock.

LNCE has been the subject of a number of research reports. TheStreet raised shares of Snyder’s-Lance from a “c+” rating to a “b” rating in a research report on Tuesday, August 8th. Jefferies Group LLC set a $44.00 price objective on shares of Snyder’s-Lance and gave the company a “buy” rating in a research report on Saturday, July 29th. Zacks Investment Research raised shares of Snyder’s-Lance from a “hold” rating to a “buy” rating and set a $44.00 price objective for the company in a research report on Wednesday, October 18th. BidaskClub cut shares of Snyder’s-Lance from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Finally, UBS AG reissued a “neutral” rating and issued a $39.00 price objective (up from $35.00) on shares of Snyder’s-Lance in a research report on Thursday, August 10th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $40.50.

Snyder’s-Lance Company Profile

Snyder’s-Lance, Inc is a snack food company. The Company is engaged in the manufacturing, distribution, marketing and sale of snack food products. Its products include pretzels, sandwich crackers, kettle cooked chips, pretzel crackers, cookies, potato chips, tortilla chips, restaurant style crackers, popcorn, nuts and other salty snacks.

Earnings History for Snyder`s-Lance (NASDAQ:LNCE)

Receive News & Ratings for Snyder's-Lance Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Snyder's-Lance Inc. and related companies with MarketBeat.com's FREE daily email newsletter.