Lamb Weston Hldgs Q4 Adjusted EPS $1.22 Beats $1.05 Estimate, Sales $1.70B Beat $1.66B Estimate
Portfolio Pulse from Benzinga Newsdesk
Lamb Weston Hldgs (NYSE:LW) reported Q4 earnings of $1.22 per share, beating the analyst consensus estimate of $1.05 by 16.19%. This is a 90.62% increase from the same period last year. The company also reported quarterly sales of $1.70 billion, beating the analyst consensus estimate of $1.66 billion by 2.11%. This is a 47.01% increase from the same period last year.
July 25, 2023 | 12:32 pm
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POSITIVE IMPACT
Lamb Weston Hldgs reported strong Q4 earnings and sales, beating analyst estimates. This could lead to a positive short-term impact on the stock.
Lamb Weston Hldgs reported a significant increase in Q4 earnings and sales, beating analyst estimates. This positive financial performance is likely to increase investor confidence and could lead to a short-term increase in the stock price.
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IMPORTANCE 80
RELEVANCE 100