Key Details
Price
$172.27Last Dividend
$0.95Annual ROE
17.74%Beta
0.73Events Calendar
Next earnings date:
Jan 31, 2025Recent quarterly earnings:
Oct 31, 2024Recent annual earnings:
Aug 22, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Dec 05, 2024Next split:
N/ARecent split:
Jan 28, 1998Analyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
Cash Flow
Institutional Ownership
WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) has revealed its intention to buy a sauce and dressing manufacturing plant in Atlanta, Georgia from Winland Foods, Inc. This deal is anticipated to be finalized in the first quarter of 2025, pending standard closing requirements, for around $75 million. The facility spans about 300,000 square feet.
WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) has announced that its Board of Directors has approved a quarterly cash dividend of 95 cents per common share, continuing a tradition of increasing regular cash dividends for 62 years. This achievement places the company among just 12 U.S. firms with such a long history of dividend growth. The dividend will be paid on December 31, 2024, to shareholders who are on record as of December 5, 2024.
Lancaster Colony Corporation (NASDAQ:LANC) will hold its Q1 2025 Earnings Conference Call on October 30, 2024, at 10:00 AM ET. The call will feature company representatives including Dale Ganobsik, David Ciesinski, and Thomas Pigott. Various analysts from different firms will also participate in the call.
Lancaster Colony (LANC) reported quarterly earnings of $1.62 per share, which is lower than the Zacks Consensus Estimate of $1.70 per share. This is a decrease compared to earnings of $1.70 per share from the same period last year.
Lancaster Colony (LANC) has the potential to deliver impressive returns due to its strong growth characteristics.
Lancaster Colony Corporation experienced a 12.3% decrease in its share price following unsatisfactory financial results for the last quarter of 2024. The revenue did not meet analysts' forecasts because of planned product line exits and lower prices affecting volume growth. Even though the overall results for 2024 were positive, the shares are viewed as costly compared to other similar companies, resulting in a downgrade to a 'sell' rating.
Lancaster Colony Corporation (NASDAQ:LANC) will hold its Q4 2024 results conference call on August 22, 2024, at 10:00 AM ET. The company representatives include Dale Ganobsik, the VP of Corporate Finance and Investor Relations, Dave Ciesinski, the President and CEO, and Tom Pigott, the CFO. Participants from various firms will also join the call, including Tyler Prause from Stephens and Andrew Wolf from CL King.
Lancaster Colony (LANC) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.
WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) has announced that it will share its financial results for the fourth quarter and fiscal year 2024 before the market opens on Thursday, August 22, 2024. On the same day, the company will hold a conference call at 10:00 am ET to discuss these results. The call will be available to listen to live on the company's website, www.lancastercolony.com.
WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) stated today that its Board of Directors has approved a quarterly cash dividend of 90 cents per common share, to be paid on June 28, 2024 to shareholders of record on June 7, 2024. This dividend amount remains at the increased level set six months ago, continuing the company's streak of raising regular cash dividends for 61 consecutive years. Lancaster Colony is among just 13 U.S. companies with this impressive track record.
FAQ
- What is the primary business of Lancaster Colony?
- What is the ticker symbol for Lancaster Colony?
- Does Lancaster Colony pay dividends?
- What sector is Lancaster Colony in?
- What industry is Lancaster Colony in?
- What country is Lancaster Colony based in?
- When did Lancaster Colony go public?
- Is Lancaster Colony in the S&P 500?
- Is Lancaster Colony in the NASDAQ 100?
- Is Lancaster Colony in the Dow Jones?
- When was Lancaster Colony's last earnings report?
- When does Lancaster Colony report earnings?
- Should I buy Lancaster Colony stock now?