Lancaster Colony (LANC) Q1 Earnings Lag Estimates

Lancaster Colony (LANC) came out with quarterly earnings of $1.62 per share, missing the Zacks Consensus Estimate of $1.70 per share. This compares to earnings of $1.70 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.71%. A quarter ago, it was expected that this specialty food maker would post earnings of $1.41 per share when it actually produced earnings of $1.35, delivering a surprise of -4.26%.Over the last four quarters ...