Lamb Weston Holdings LW unveils its next round of earnings this Wednesday, October 2. Here is Benzinga's everything-that-matters guide for the earnings announcement.
Earnings and Revenue
Wall Street analysts see Lamb Weston reporting earnings of 78 cents per share on sales of $971.45 million.
Lamb Weston reported a profit of 73 cents when it published results during the same quarter last year. Sales in that period totaled $914.90 million. The Wall Street consensus estimate for earnings would represent a 6.85% increase for the company. Sales would be have grown 6.18% from the same quarter last year. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
| Quarter | Q4 2019 | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
| EPS Estimate | 0.720 | 0.82 | 0.72 | 0.68 | 0.62 |
| EPS Actual | 0.740 | 0.95 | 0.8 | 0.73 | 0.65 |
Stock Performance
Over the last 52-week period, shares of Lamb Weston are up 9.19%. Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. The most common rating by analysts on Lamb Weston stock is a Neutral. The strength of this rating has risen over the past three months.
Conference Call
Lamb Weston is scheduled to hold a conference call at 10:00 a.m. ET and can be accessed here: https://globalmeet.webcasts.com/starthere.jsp?ei=1262075&tp_key=f577cefee1
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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