Earnings Preview For Lamb Weston Hldgs
Portfolio Pulse from Benzinga Insights
Lamb Weston Hldgs (NYSE:LW) is set to release its latest quarterly earnings report on October 5, 2023. Analysts estimate an earnings per share (EPS) of $1.08. The company's stock performance has been generally positive over the last 52-week period, with shares up 7.78%. Last quarter, the company beat EPS estimates by $0.17, but this was followed by a 3.09% drop in share price.
October 04, 2023 | 2:00 pm
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NEUTRAL IMPACT
Lamb Weston Hldgs is expected to report an EPS of $1.08 in its upcoming earnings report. The company's shares have seen a 7.78% increase over the past 52 weeks.
The upcoming earnings report is a significant event for Lamb Weston Hldgs. While the company's shares have been performing well over the past year, the last earnings beat was followed by a drop in share price. This suggests that investor reactions to earnings reports can be unpredictable. Therefore, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100