RMD News: Landec (LNDC) Reports Q1 Loss, Tops Revenue Estimates - 6th Oct 2022, 11:35pm

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Landec (LNDC) came out with a quarterly loss of $0.32 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.23 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -166.67%. A quarter ago, it was expected that this agricultural and food packaging products company would post a loss of $0.02 per share when it actually produced a loss of $0.01, delivering a surprise of 50%.

Over t...

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