Snyder's-Lance (LNCE) Misses Q4 EPS by 7c, Miss on Revenues

Note: EPS may not be comparable

Snyder's-Lance (NASDAQ: LNCE) reported Q4 EPS of $0.33, $0.07 worse than the analyst estimate of $0.40. Revenue for the quarter came in at $551.56 million versus the consensus estimate of $561.99 million.

Fourth Quarter 2017 Highlights

• Total net revenue from continuing operations decreased 0.8%; core branded growth of 1.1%
• GAAP earnings per share of $1.92 from continuing operations
• EPS from continuing operations excluding special items* increased 22.2% to $0.33
• GAAP net income from continuing operations of $188.8 million
• Net income from continuing operations excluding special items* increased 23.8% to $32.7 million
• Adjusted EBITDA* increased 1.8% to $78.5 million

For earnings history and earnings-related data on Snyder's-Lance (LNCE) click here.

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