Lancaster Colony (LANC) Reports Strong Q3 EPS; Revs Light
More News related to LANC
- Lancaster Colony (LANC) Boosts Qtr. Dividend by 5.3% to $0.30, Yielding 2.37%
- Lancaster Colony Increases Cash Dividend, Reelects Three Directors
- Lancaster Colony (LANC) Tops EPS Views, Misses Revs
- Lancaster Colony (LANC) Reports Strong Q3 EPS; Revs Light
- Lancaster Colony Reports Higher First Quarter Fiscal 2010 Net Income
Lancaster Colony Corporation (Nasdaq: LANC) reports Q3 EPS of $1.01 vs. consensus of $0.83. Revenues were $254 million vs. $274.85 million consensus.
Chairman and CEO John B. Gerlach, Jr. said, "We are pleased that both business segments achieved substantial improvement in first quarter operating results, with Specialty Foods operating margins benefiting from the decline in ingredient costs from the prior-year's historically high levels."
(The first-quarter's effective tax rate reflects income associated with the favorable resolution of certain previously-reserved state tax matters. These items totaled approximately $0.9 million before tax, or about $.03 per share, net of applicable income taxes)
[SM]
Related Categories
EarningsStocks Mentioned
+0.44Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
