Snyder's-Lance (LNCE) Tops Q3 EPS by 5c; Bumps Low End of FY16 EPS Outlook
- Wall St opens lower as Meta Platforms, economic data weigh
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- Dollar firmer on higher U.S. inflation; yen sinks vs euro, US currency
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- Meta Platforms, IBM, Caterpillar fall premarket; American Airlines, Chipotle rise
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Snyder’s-Lance, Inc. Reports Results for Third Quarter of Fiscal 2016
November 7, 2016 6:00 AM ESTTotal net revenue increased 41.3% including the contribution of Diamond Foods GAAP earnings per diluted share increased 36.4% to $0.30 Earnings per diluted share excluding special items* increased 34.6% to $0.35Adjusted EBITDA* increased 73.2% to $81.8 millionCompany narrows full-year 2016 outlook ranges Â
CHARLOTTE, N.C., Nov. 07, 2016 (GLOBE NEWSWIRE) -- Snyders-Lance, Inc. (Nasdaq: LNCE) today reported financial results for the third quarter ended October 1, 2016 and narrowed its full-year 2016 earnings per share outlook to the upper-end of the Companys... More