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Lancaster Colony Fiscal Q1 Net Income, Revenue Rise -- Shares Fall
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Lancaster Colony Fiscal Q1 Net Income, Revenue Rise -- Shares Fall
Oct 31, 2024 7:18 AM

09:49 AM EDT, 10/31/2024 (MT Newswires) -- Lancaster Colony ( LANC ) shares fell 1.5% in early Thursday trading after reporting lower-than-expected fiscal Q1 results.

The company reported fiscal Q1 net income pre-bell of $1.62 per diluted share, up from $1.59 a year earlier.

Analysts polled by Capital IQ expected $1.67.

Net sales for the quarter ended Sept. 30 were $466.6 million, up from $461.6 million a year earlier.

Analysts surveyed by Capital IQ expected $468.4 million.

Price: 182.33, Change: -2.68, Percent Change: -1.45

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