Landec (NASDAQ:LNDC) reported its Q1 earnings results on Thursday, October 6, 2022 at 07:15 AM.
Here's what investors need to know about the announcement.
Earnings
Landec missed estimated earnings by 146.15%, reporting an EPS of $-0.32 versus an estimate of $-0.13.
Revenue was down $85.43 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 2.63% increase in the share price the next day.
Here's a look at Landec's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.01 | -0.04 | -0.12 | |
| EPS Actual | -0.01 | -0.08 | -0.25 | -0.23 |
| Revenue Estimate | 45.55M | 48.41M | 42.93M | 129.12M |
| Revenue Actual | 47.63M | 53.07M | 43.45M | 128.79M |
To track all earnings releases for Landec visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.