Benzinga | Jan 5, 2022 04:37PM EST

Landec: Q2 Earnings Insights

Landec (NASDAQ: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 2021EPS Estimate -0.12 -0.01 0.02 0.01EPS Actual -0.23 0.07 -0.09 0.02Revenue Estimate 129.12M 124.58M 139.75M 134.24MRevenue Actual 128.79M 139.83M 137.78M 130.90M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.