Lancaster Colony (LANC) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Lancaster Colony, with a focus on how actual results compare to estimates impacting stock price [1][2] Earnings Expectations - The upcoming earnings report is expected on February 4, 2025, with projected earnings of $1.94 per share, reflecting a +0.5% change year-over-year, and revenues of $494.3 million, up 1.7% from the previous year [3][2] Estimate Revisions - The consensus EPS estimate has been revised down by 0.31% over the last 30 days, indicating a bearish sentiment among analysts regarding the company's earnings prospects [4][10] Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate is lower than the consensus estimate, resulting in an Earnings ESP of -2.06%, which complicates predictions of an earnings beat [10][11] Historical Performance - In the last reported quarter, Lancaster Colony was expected to earn $1.70 per share but only achieved $1.62, resulting in a -4.71% surprise. Over the last four quarters, the company has beaten consensus EPS estimates twice [12][13] Conclusion - Lancaster Colony does not appear to be a strong candidate for an earnings beat, and investors should consider other factors before making investment decisions [16]