Landec Earnings Preview: Can This Streak Continue?

Landec (NASDAQ:LNDC) will report earnings after markets close on Tuesday, March 26th. Landec Corporation designs, develops, manufactures, and sells temperature activated and other specialty polymer products for a variety of food packaging, industrial, agricultural, and medical applications. The Company’s products are based on its Intelimer polymers, which differ from other polymers in that they can be customized to abruptly change their physical characteristics.

Here is your Cheat Sheet to Landec Earnings:

Earnings Expectations: Analysts expect earnings of $0.17 per share on revenues of $109.51 million. Currently, the company’s P/E ratio stands at 15.23.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.2 to a profit $0.17. For the current year, the average estimate is a profit of $0.84, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Landec has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 238.53 235.94 238.22 276.73 317.55
Diluted EPS ($) 0.50 0.29 0.15 0.15 0.49

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Nov. 30, 2011 Feb. 29, 2012 May. 31, 2012 Aug. 31, 2012 Nov. 30, 2012
Revenue ($) in millions 81.57 80.06 82.62 102.07 114.65
Diluted EPS ($) 0.13 0.18 0.11 0.17 0.34

Past Performance:
Landec has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]