Earnings Outlook For Lamb Weston Hldgs
Portfolio Pulse from Benzinga Insights
Lamb Weston Holdings (NYSE:LW) is expected to release its quarterly earnings report on Thursday, 2024-01-04, with analysts predicting an EPS of $1.41. Investors are looking for an earnings beat and positive guidance for future growth. In the past, LW's stock price has shown varied reactions to earnings reports, with a 4.38% drop after last quarter's beat. LW shares are currently trading at $106.56, up 10.97% over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.
January 03, 2024 | 2:00 pm
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Lamb Weston Holdings is anticipated to release its earnings report with an expected EPS of $1.41. Historical data shows mixed stock price reactions post-earnings, with a notable 4.38% drop last quarter despite an EPS beat. Shares are up 10.97% over the past year, reflecting a positive long-term sentiment.
While Lamb Weston Holdings has a history of beating EPS estimates, the stock price reaction has been mixed, indicating that the market may have already priced in the positive earnings. The importance of the earnings report is high due to the potential guidance update, which could significantly influence investor sentiment. However, the confidence score is moderate because past performance shows that an earnings beat does not necessarily lead to a positive short-term stock price movement.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100