Investing.com - Lancaster Colony (NASDAQ:LANC) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Lancaster Colony announced earnings per share of $1.36 on revenue of $425.5M. Analysts polled by Investing.com anticipated EPS of $1.14 on revenue of $418.53M.
Lancaster Colony shares are down 26.01% from the beginning of the year, still down 1.56% from its 52 week high of $199.99 set on November 3.
Lancaster Colony shares gained 11.58% in intra-day trade following the report.
Lancaster Colony follows other major Consumer Staples sector earnings this month
Lancaster Colony's report follows an earnings beat by Procter&Gamble on October 19, who reported EPS of $1.57 on revenue of $20.6B, compared to forecasts EPS of $1.56 on revenue of $20.37B.
Coca-Cola had beat expectations on October 25 with third quarter EPS of $0.69 on revenue of $11.1B, compared to forecast for EPS of $0.6388 on revenue of $10.53B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar