Landec (LNDC) Misses Q4 EPS by 4c, FY EPS Guidance Misses

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Go back to Landec (LNDC) Misses Q4 EPS by 4c, FY EPS Guidance Misses

Imperial Capital Raises Price Target on Landec (LNDC) Following 4Q15 results

July 30, 2015 8:09 AM EDT

Imperial Capital reiterated an Outperform rating on Landec (NASDAQ: LNDC), and raised the price target to $19.00 (from $18.00), following 4Q15 results. EPS of $0.16 was $0.03 below consensus. Revenue increased 11% to $134mn. Management guided FY EPS in a range of $0.80 to $0.83.

Analyst Mitchell Pinheiro commented, "We are maintaining our Outperform rating and raising... More