Snyder?s-Lance Inc. Q3 Earnings Climb 81%

(RTTNews) - Snyder?s-Lance Inc. (LNCE) released a profit for its third quarter that gained ground compared to the same period last year.

The company said its bottom line totaled $33.65 million, or $0.35 per share. This was up from $18.61 million, or $0.26 per share, in last year's third quarter.

Analysts had expected the company to earn $0.30 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 41.3% to $588.80 million. This was up from $416.77 million last year.

Snyder?s-Lance Inc. earnings at a glance:

-Earnings (Q3): $33.65 Mln. vs. $18.61 Mln. last year. -Earnings Growth (Y-o-Y): 80.8% -EPS (Q3): $0.35 vs. $0.26 last year. -EPS Growth (Y-o-Y): 34.6% -Analysts Estimate: $0.30 -Revenue (Q3): $588.80 Mln vs. $416.77 Mln last year. -Revenue Change (Y-o-Y): 41.3%

-Guidance: Full year EPS guidance: $1.24 - $1.30 Full year revenue guidance: $2.290 - $2.310 Bln