Lancaster Colony (LANC) Misses Q3 Earnings and Revenue Estimates

Lancaster Colony (LANC) came out with quarterly earnings of $1.54 per share, missing the Zacks Consensus Estimate of $1.61 per share. This compares to earnings of $1.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.35%. A quarter ago, it was expected that this specialty food maker would post earnings of $1.94 per share when it actually produced earnings of $2.22, delivering a surprise of 14.43%.Over the last four quarters ...