Lamb Weston Raises FY24 Revenue Outlook From $6.7B - $6.9B To $6.8B - $7B Vs. $6.83B Est.
Portfolio Pulse from Benzinga Newsdesk
Lamb Weston has increased its revenue outlook for FY24 from $6.7B-$6.9B to $6.8B-$7B, compared to the estimated $6.83B.
October 05, 2023 | 12:35 pm
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POSITIVE IMPACT
Lamb Weston's raised revenue outlook for FY24 could potentially lead to a positive market reaction.
Lamb Weston's revised revenue outlook for FY24 is higher than the previous estimate. This positive financial news could lead to increased investor confidence and potentially a rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100