Lancaster Colony Q3 Adj. EPS $1.54 Misses $1.59 Estimate, Net sales $457.84M Miss $483.92M Estimate

Lancaster Colony (NASDAQ:LANC) reported quarterly earnings of $1.54 per share which missed the analyst consensus estimate of $1.59 by 3.14 percent. This is a 6.94 percent increase over earnings of $1.44 per share from the same period last year. The company reported quarterly sales of $457.84 million which missed the analyst consensus estimate of $483.92 million by 5.39 percent. This is a 2.89 percent decrease over sales of $471.45 million the same period last year.