Lamb Weston Hldgs Q1 Adj EPS $1.63 Beats $1.08 Estimate, Sales $1.67B Beat $1.62B Estimate
Portfolio Pulse from Benzinga Newsdesk
Lamb Weston Hldgs (NYSE:LW) reported Q1 adjusted earnings of $1.63 per share, beating the analyst consensus estimate of $1.08 by 50.93%. This is a 117.33% increase from the same period last year. The company also reported quarterly sales of $1.67 billion, beating the analyst consensus estimate of $1.62 billion by 2.78%, a 47.87% increase from the same period last year.
October 05, 2023 | 12:32 pm
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Lamb Weston Hldgs reported strong Q1 results, beating both earnings and sales estimates. This could lead to a positive market reaction.
Lamb Weston Hldgs reported a significant increase in both earnings and sales compared to the same period last year, and also beat analyst estimates. This is generally seen as a positive signal by the market and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100