Lancaster Colony (NASDAQ:LANC) is set to announce earnings results this Thursday. Last quarter, the company missed revenue expectations by 5.3%, reporting revenues of $457.8 million, down 2.9% year on year. Analysts expect revenue to be flat at $456.9 million this quarter, with adjusted earnings of $1.33 per share. Lancaster Colony has missed revenue estimates five times in the last two years. Peers in the shelf-stable food segment like Hershey and J&J Snack Foods have reported strong results recently. Investors in the segment have seen share prices rise 2.7% on average over the last month.
Read more at Barchart: Lancaster Colony (LANC) Q2 Earnings: What To Expect
