Snyder?s-Lance Inc. Reports 66% Increase In Q4 Earnings

(RTTNews) - Snyder?s-Lance Inc. (LNCE) reported earnings for its fourth quarter that advanced compared to the same period last year.

The company said its bottom line advanced to $37.00 million, or $0.38 per share. This was up from $22.26 million, or $0.31 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.39 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 37.0% to $556.16 million. This was up from $405.86 million last year.

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

-Earnings (Q4): $37.00 Mln. vs. $22.26 Mln. last year. -Earnings Growth (Y-o-Y): 66.2% -EPS (Q4): $0.38 vs. $0.31 last year. -EPS Growth (Y-o-Y): 22.6% -Analysts Estimate: $0.39 -Revenue (Q4): $556.16 Mln vs. $405.86 Mln last year. -Revenue Change (Y-o-Y): 37.0%