Lifecore Biomedical Inc reports results for the quarter ended November 30 - Earnings Summary

Reuters
03 Jan
Lifecore Biomedical Inc reports results for the quarter ended November 30 - Earnings Summary
  • Lifecore Biomedical Inc LFCR.OQ reported a quarterly adjusted loss of 25 cents​​ per share for the quarter ended November 30. The mean expectation of three analysts for the quarter was for a loss of 30 cents per share. Wall Street expected results to range from -34 cents to -27 cents per share.

  • Revenue was $32.56 million​; analysts expected $29.75 million.

  • Lifecore Biomedical Inc's reported EPS for the quarter was a loss of 25 cents​.

  • The company reported a quarterly loss of $8.7 million.

  • Lifecore Biomedical Inc shares had held steady so far this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 22% in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the pharmaceuticals peer group is also "hold"

Wall Street's median 12-month price target for Lifecore Biomedical Inc is $8.00

This summary was machine generated from LSEG data January 2 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Nov. 30 2024

-0.30

-0.25

Beat

Aug. 31 2024

-0.46

-0.49

Missed

May. 31 2024

-0.12

-0.17

Missed

Feb. 29 2024

-0.06

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