Lancaster Colony Q4 Profit Rises - Quick Facts

(RTTNews) - Lancaster Colony Corp. (LANC) reported fourth-quarter net income of $25.6 million, or $0.93 per share, compared to $21.3 million, or $0.78 per share in the prior-year quarter.

Income from continuing operations for the quarter increased to $25.7 million or $0.93 per share from $20.9 million or $0.76 per share last year.

Net sales for the latest fourth quarter increased 7 percent to $277.72 million from $258.81 million in the comparable quarter last year.

On average, four analysts polled by Thomson Reuters expected the company to report earnings of $0.85 per share on net sales of $275.52 million for the quarter. Analysts' estimates typically exclude special items.