Snyder's-Lance (LNCE) Misses Q3 EPS by 2c

Snyder's-Lance (NASDAQ: LNCE) reported Q3 EPS of $0.33, $0.02 worse than the analyst estimate of $0.35. Revenue for the quarter came in at $564.18 million versus the consensus estimate of $559.03 million.

Outlook

Based on the Company’s year-to-date performance, and expectations for the remainder of the year, for the full-year of fiscal 2017, the Company now expects net revenue to be between $2,205 million and $2,255 million, adjusted EBITDA to be between $305 million and $320 million, and earnings per diluted share, excluding special items, to be between $1.12 and $1.17.

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

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