Lamb Weston Holdings LW unveils its next round of earnings this Wednesday, October 07. Here is Benzinga's everything-that-matters guide for the earnings announcement.
Earnings and Revenue
Analysts expect Lamb Weston Holdings earnings of $0.3 per share. Revenue will likely be around $869.22 million, according to the consensus estimate. Lamb Weston Holdings reported a per-share profit of $0.79 when it published results during the same quarter last year. Sales in that period totaled $989.00 million. If the company were to match the consensus estimate when it reports Wednesday, earnings would be down 62.03%. Sales would have fallen 12.11% from the same quarter last year. Here is how the company's reported EPS has compared to analyst estimates in the past:
| Quarter | Q4 2020 | Q3 2020 | Q2 2020 | Q1 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.15 | 0.93 | 0.84 | 0.78 |
| EPS Actual | -0.01 | 0.77 | 0.95 | 0.79 |
| Revenue Estimate | 798.33 M | 959.19 M | 964.88 M | 971.45 M |
| Revenue Actual | 846.90 M | 937.30 M | 1.02 B | 989.00 M |
Stock Performance
Shares of Lamb Weston Holdings were trading at $69.57 as of October 05. Over the last 52-week period, shares are down 7.25%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. Lamb Weston Holdings is scheduled to hold the call at 10:00:00 ET and can be accessed here: https://globalmeet.webcasts.com/starthere.jsp?ei=1369199&tp_key=ee6a777918
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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