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Stock Market & Financial Investment News

News Breaks
January 2, 2013
16:18 EDTLNDCLandec restates Q1 EPS as 17c instead of 10c
Landec has restated its financial statements for Q1 to reflect a $2.9M increase in the previously reported Q1 fair market value of Windset Holdings 2010 Ltd. In Q1, the company understated the recorded value of its Windset investment, and the related investment income, by $2.9M and understated its net income by $1.8M, or 7c per share. Q1 EPS is now 17c from the previously reported 10c. Consensus for Q1 EPS was 8c.
News For LNDC From The Last 14 Days
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October 9, 2014
10:00 EDTLNDCOn The Fly: Analyst Downgrade Summary
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09:17 EDTLNDCLandec downgraded to Hold from Buy at Feltl
Feltl downgraded Landec to Hold citing lack of catalysts, negative mx shifts, and slowing Windset farms growth. Price target lowered to $10.
October 7, 2014
16:13 EDTLNDCLandec sees FY16 net income increasing 70% vs. FY15 to $1.00 per share
Consensus 98c. The company expects revenues to grow by as much as 10% in FY16 vs. FY15, consensus $558.87M.
16:12 EDTLNDCLandec expects FY15 net income to decrease 15% vs last year, consensus 70c
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16:09 EDTLNDCLandec reports Q1 EPS 9c, consensus 9c
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15:16 EDTLNDCNotable companies reporting after market close
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