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Landec Corp (LNDC.OQ)

LNDC.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Landec Corp Sees Q2 2018 Revenue $135 Mln TO $140 Mln
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - Landec Corp ::ORATION REITERATES FISCAL YEAR 2018 EPS GUIDANCE AND LOWERS SECOND QUARTER EPS GUIDANCE DUE TO IMPACT FROM EXTREME WEATHER EVENTS.SEES Q2 2018 REVENUE $135 MILLION TO $140 MILLION.- LOWERING ITS Q2 EARNINGS PER SHARE FROM PRIOR GUIDANCE OF $0.06 TO $0.08 PER SHARE DOWN TO A NEW RANGE OF $0.01 TO $0.03.- MOST SIGNIFICANT IMPACT DURING QUARTER WAS ON SUPPLY, QUALITY OF GREEN BEANS LEADING TO EXCESSIVE GREEN BEAN SHORTAGES THROUGHOUT INDUSTRY.LANDEC - ‍REVISED EPS GUIDANCE FOR Q2, RESULT OF LARGER THAN EXPECTED IMPACT ON SUPPLY AND QUALITY OF PRODUCE AT APIO FROM HURRICANES,TROPICAL STORMS​.Q2 EARNINGS PER SHARE VIEW $0.07, REVENUE VIEW $136.5 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Landec Corp says to make another capital investment in its Lifecore Biomedical unit
Wednesday, 12 Oct 2016 

Landec Corp : Says will be making another substantial capital investment in its lifecore biomedical subsidiary . Says projects it will spend an incremental $4-5 million in fiscal year 2017 on this new investment .Landec corp sees potential future investment of up to $12 million.  Full Article

Landec Corp sees FY 2017 revenue up 3 to 6 pct
Tuesday, 27 Sep 2016 

Landec Corp : Landec corporation reports fiscal first quarter 2017 results . Sees q2 2017 earnings per share $0.05 to $0.07 . Q1 earnings per share $0.12 . Sees q2 2017 revenue $137 million to $142 million . Q1 revenue $132.4 million versus i/b/e/s view $131.8 million . Q1 earnings per share view $0.10 -- Thomson Reuters I/B/E/S . Sees fy 2017 revenue up 3 to 6 percent . Q2 earnings per share view $0.08, revenue view $140.3 million -- Thomson Reuters I/B/E/S .Company reiterates full year fiscal 2017 guidance.  Full Article

Landec Corp reports Q4 earnings per share of $0.17
Tuesday, 26 Jul 2016 

Landec Corp : Sees consolidated revenues to grow 3% to 6% in fiscal 2017 . Sees fiscal 2017 lifecore revenues and salad product revenues growing at lower double digits . Landec Corp. reports fiscal fourth quarter and full year 2016 results . Q4 earnings per share $0.17 . Q4 earnings per share view $0.15 -- Thomson Reuters I/B/E/S . Sees Q1 2017 earnings per share $0.09 to $0.11 . Sees FY 2017 revenue up 3 to 6 percent . Sees Q1 2017 revenue $129 million to $133 million . Q4 revenue $135.3 million versus I/B/E/S view $130 million . For Q1 of fiscal 2017, expect revenues to be $129 million to $133 million . For Q1 of fiscal 2017 expect net income to be $0.09 to $0.11 per share . Expect consolidated net income to increase 50% to 70% in fiscal 2017 .Estimated eps range of $0.53 to $0.60 for fiscal 2017.  Full Article

Franklin Resources Inc reports 10.5 pct passive stake in Landec as of May 31, 2016
Thursday, 9 Jun 2016 

Landec Corp : Franklin Resources Inc reports 10.5 pct passive stake in Landec as of May 31, 2016 - SEC filing Source - (http://bit.ly/1tkBuNr) Further company coverage: [LNDC.O] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

BRIEF-Landec Corp Sees Q2 2018 Revenue $135 Mln TO $140 Mln

* ORATION REITERATES FISCAL YEAR 2018 EPS GUIDANCE AND LOWERS SECOND QUARTER EPS GUIDANCE DUE TO IMPACT FROM EXTREME WEATHER EVENTS