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Lancaster Colony's Shares Rise After Fiscal Q3 Earnings, Sales Increase
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Lancaster Colony's Shares Rise After Fiscal Q3 Earnings, Sales Increase
May 2, 2024 7:50 AM

10:19 AM EDT, 05/02/2024 (MT Newswires) -- Lancaster Colony ( LANC ) shares gained more than 1% in recent Thursday trading after reporting higher fiscal Q3 results.

The company posted fiscal Q3 earnings of $1.03 per diluted share, up from $0.89 a year earlier.

Analysts surveyed by Capital IQ expected $1.35.

Net sales for the quarter ended March 31 was $471.4 million, up from $464.9 million a year earlier.

Analysts surveyed by Capital IQ expected $468.5 million.

Price: 194.50, Change: +3.07, Percent Change: +1.60

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