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Strength Seen in Laird Superfood (LSF): Can Its 24.7% Jump Turn into More Strength?
Laird SuperfoodLaird Superfood(US:LSF) ZACKSยท2024-10-25 11:45

Group 1 - Laird Superfood, Inc. (LSF) shares increased by 24.7% to $7.08 in the last trading session, with a notable trading volume, compared to a 15.9% gain over the past four weeks [1] - The company's growth is driven by strong performance in e-commerce, particularly on Amazon, and a successful direct-to-consumer segment supported by a growing subscription model [1] - Laird Superfood is expected to report a quarterly loss of $0.06 per share, reflecting an 80% year-over-year improvement, with revenues projected at $10.6 million, a 15.5% increase from the previous year [1] Group 2 - The consensus EPS estimate for Laird Superfood has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without earnings estimate revisions [2] - Laird Superfood holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook compared to other stocks in the Zacks Food - Miscellaneous industry [2] - Lancaster Colony, another company in the same industry, has a consensus EPS estimate of $1.70, unchanged from the previous year, and holds a Zacks Rank of 1 (Strong Buy) [3]