Landec LNDC reported its Q2 earnings results on Wednesday, January 5, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Landec missed estimated earnings by 525.0%, reporting an EPS of $-0.25 versus an estimate of $-0.04, which surprised analysts.
Revenue was up $87.45 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.11, which was followed by a 10.31% drop in the share price the next day.
Here's a look at Landec's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.12 | -0.01 | 0.02 | 0.01 |
| EPS Actual | -0.23 | 0.07 | -0.09 | 0.02 |
| Revenue Estimate | 129.12M | 124.58M | 139.75M | 134.24M |
| Revenue Actual | 128.79M | 139.83M | 137.78M | 130.90M |
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