Snyder?s-Lance Inc. Bottom Line Advances 44% In Q2

(RTTNews) - Snyder?s-Lance Inc. (LNCE) announced earnings for its second quarter that increased from last year.

The company said its bottom line advanced to $27.45 million, or $0.28 per share. This was higher than $19.11 million, or $0.27 per share, in last year's second quarter.

Analysts had expected the company to earn $0.26 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 $609.50 million. This was up from $431.43 million last year.

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

-Earnings (Q2): $27.45 Mln. vs. $19.11 Mln. last year. -Earnings Growth (Y-o-Y): 43.6% -EPS (Q2): $0.28 vs. $0.27 last year. -EPS Growth (Y-o-Y): 3.7% -Analysts Estimate: $0.26 -Revenue (Q2): $609.50 Mln vs. $431.43 Mln last year. -Revenue Change (Y-o-Y): 41.3%