Snyder's-Lance (LNCE) Tops Q2 EPS by 3c; Updates Outlook

Snyder's-Lance (NASDAQ: LNCE) reported Q2 EPS of $0.27, $0.03 better than the analyst estimate of $0.24. Revenue for the quarter came in at $579.6 million versus the consensus estimate of $565.58 million.

GUIDANCE:

Snyder's-Lance sees FY2017 EPS of $1.10-$1.20, versus the consensus of $1.10. The Company continues to expect net revenue to be between $2,200 million and $2,250 million, and now expects adjusted EBITDA to be between $300 million and $325 million.

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

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