The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Snyder's-Lance's revenues will grow 11.8% and EPS will grow 27.3%.
The average estimate for revenue is $446.4 million. On the bottom line, the average EPS estimate is $0.28.
Last quarter, Snyder's-Lance reported revenue of $418.6 million. GAAP reported sales were 6.5% higher than the prior-year quarter's $392.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
Last quarter, EPS came in at $0.28. GAAP EPS of $0.28 for Q1 were 33% higher than the prior-year quarter's $0.21 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
For the preceding quarter, gross margin was 34.6%, 180 basis points better than the prior-year quarter. Operating margin was 8.1%, 310 basis points better than the prior-year quarter. Net margin was 4.7%, 110 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $1.78 billion. The average EPS estimate is $1.23.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 63 members out of 75 rating the stock outperform, and 12 members rating it underperform. Among 22 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 19 give Snyder's-Lance a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Snyder's-Lance is outperform, with an average price target of $27.14.
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