01:54 PM EDT, 03/20/2024 (MT Newswires) -- Lifeway Foods ( LWAY ) shares jumped more than 15% in recent Wednesday trading after the company reported higher Q4 results.

The company reported Q4 earnings of $0.26 per diluted share, up from $0.05 a year earlier.

One analyst surveyed by Capital IQ expected $0.21.

Net sales for the quarter ended Dec. 31 was $42.1 million, up from $35.8 million a year earlier.

One analyst surveyed by Capital IQ expected $40 million.