Lamb Weston Expects FY24 Sales Of $6.7B-$6.9B Versus Consensus Of $6.79B
Portfolio Pulse from Benzinga Newsdesk
Lamb Weston (LW) has projected its FY24 sales to be between $6.7 billion and $6.9 billion, which is in line with the consensus estimate of $6.79 billion.
July 25, 2023 | 12:39 pm
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NEUTRAL IMPACT
Lamb Weston's FY24 sales projection aligns with the consensus estimate, indicating a stable outlook for the company.
Lamb Weston's sales projection for FY24 is in line with the consensus estimate, suggesting that the company's performance is expected to meet market expectations. This could lead to a neutral impact on the stock price in the short term as the market has likely already priced in this information.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100