Landec (NAS: LNDC) is expected to report Q1 earnings on Sep. 26. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Landec's revenues will grow 24.2% and EPS will grow 14.3%.
The average estimate for revenue is $91.1 million. On the bottom line, the average EPS estimate is $0.08.
Last quarter, Landec reported revenue of $82.6 million. GAAP reported sales were 21% higher than the prior-year quarter's $68.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.16. GAAP EPS were $0.11 for Q4 against -$0.10 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 17.9%, 300 basis points better than the prior-year quarter. Operating margin was 6.0%, 420 basis points better than the prior-year quarter. Net margin was 3.4%, 740 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $416.1 million. The average EPS estimate is $0.64.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 921 members out of 943 rating the stock outperform, and 22 members rating it underperform. Among 265 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 262 give Landec a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Landec is buy, with an average price target of $10.25.
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The article Landec's Upcoming Earnings: What You Need To Know originally appeared on Fool.com.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.