Before The Bell
FONT-SIZE Plus   Neg
Share SHARE

Landec Corp. (LNDC) Broke Out To A 3-Month High After Strong Q2 Report

RELATED NEWS
Trade LNDC now with 

Landec Corp. (LNDC: Quote) reported second quarter net income of $0.34 per share after the close Wednesday, up from $0.13 per share a year ago. The consensus estimate was for EPS of $0.16. The company now expects full year 2013 net income to grow 60% to 70% and revenues to grow 33% to 38%. Previously, the company expected net income to grow by 25% to 35% and revenues by approximately 30%.

Landec gapped open higher Thursday and rose further around 10:15AM. The stock ended the session with a gain of 1.54 at $11.36 on the highest volume of the year. Landec finished just below the highs of the year, trading at a 3-month high.

Click here to receive FREE breaking news email alerts for Landec Corp. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

comments powered by Disqus