9. Landec (LNDC), makes polymer products for food and agricultural products, medical devices and partner applications. LNDC will announce second-quarter fiscal 2012 results on Jan. 3.
Net income for the quarter is estimated at $2.97 million, or 12 cents per share, compared to $2.06 million, or 8 cents per share, in the same quarter prior fiscal, according to analysts polled by Bloomberg. Sales are seen at $73.70 million from $70.17 million recorded in the second quarter of fiscal 2010.
Operating profit for the period is seen at $4.41 million, growing from $3.53 million in the second quarter of 2011. EBITDA is seen at $2.65 million.Of the five analysts covering the stock, all recommend a buy. Analysts polled by Bloomberg expect the stock to gain an average 68.8% to $9.30 from current levels over the next 12 months.
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