Lifeway Foods Inc reports results for the quarter ended December 31 - Earnings Summary

• Lifeway Foods Inc LWAY.OQ reported a quarterly adjusted loss of 1 cent​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 26 cents. The lone analyst forecast for the quarter was for earnings of 21 cents per share.

• Revenue rose 11.5% to $46.93 million from a year ago; analysts expected $48.00 million.

• Lifeway Foods Inc's reported EPS for the quarter was a loss of 1 cent​.

• The company reported a quarterly loss of $160 thousand.

• Lifeway Foods Inc shares had fallen by 7.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 7.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the food processing peer group is also "buy"

Wall Street's median 12-month price target for Lifeway Foods Inc is $28.00

This summary was machine generated from LSEG data March 18 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)