Synder’s-Lance Inc. reported third-quarter earnings Monday that beat average analyst estimates by 5 cents, or 16.7 percent.

At 35 cents per share, or $29.3 million in net income, earnings increased 86.5 percent from this time last year. The company reported it’s on track to meet the upper end of its year-end earnings expectations.

Known for their pretzel brand, Snyder’s-Lance also produces other snack foods, like Pop Secret popcorn and Kettle Brand Chips. In March, it acquired Diamond Foods, which sells a variety of nutritious foods.

Snyder’s-Lance reported Diamond contributed largely to the third quarter’s revenue results, which increased 41.3 percent from the third quarter of 2015 to $588.8 million. Excluding Diamond Foods, net revenue for the company’s legacy products rose just 0.7 percent.

“The integration of Diamond Foods is on target with cost and revenue synergies being achieved on schedule,” said Carl Lee, president and chief executive officer, in a statement.

Snyder’s Lance held a conference call Monday morning to discuss its earnings. It discussed how the Diamond Foods acquisition both strengthened and weakened Snyder’s-Lance revenue growth.

According to the call, four of the company’s five legacy products saw an increase in market share, while the other remained about the same. Meanwhile, the three Diamond Foods products saw a mix of changes, including Pop Secret’s market share falling. The decline was attributed to “category headwinds and competitive activity.”

Going into the holiday season, the company expects to recoup revenue gains through its new culinary business acquired through the Diamond of California brand.

“I think what we are trying to do is just be conservative and prudent in the way we kind of communicate what we’re trying to do with that brand. We are excited about the category and we just want to be careful with it,” Lee said. “We think, no doubt, pricing has moved down with the lower input costs. And we expect that it’s going to encourage consumers maybe to do more in-home baking for the holidays.”

Synder’s-Lance is in the process of bringing on a new executive vice president and chief financial officer.

Its stock rose $1.12, or 3.2 percent, to $35.76 in trading on Monday.