Lancaster Colony (LANC) shares fell 1.5% in early Thursday trading after reporting lower-than-expected fiscal Q1 results.
The company reported fiscal Q1 net income pre-bell of $1.62 per diluted share, up from $1.59 a year earlier.
Analysts polled by Capital IQ expected $1.67.
Net sales for the quarter ended Sept. 30 were $466.6 million, up from $461.6 million a year earlier.
Analysts surveyed by Capital IQ expected $468.4 million.
Price: 182.33, Change: -2.68, Percent Change: -1.45
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.