Lamb Weston Sees FY25 Revenue Of $6.6B - $6.8B Vs. $6.8B Est; EPS Of $4.35 - $4.85 Vs. $6.1 Est.
Portfolio Pulse from Benzinga Newsdesk
Lamb Weston has provided its financial outlook for FY25, projecting revenue between $6.6 billion and $6.8 billion, which is slightly below the estimated $6.8 billion. The company also expects EPS to be in the range of $4.35 to $4.85, significantly lower than the estimated $6.1.
July 24, 2024 | 12:34 pm
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Lamb Weston has provided a financial outlook for FY25 that falls short of market expectations. The company projects revenue between $6.6 billion and $6.8 billion, slightly below the estimated $6.8 billion. Additionally, the expected EPS range of $4.35 to $4.85 is significantly lower than the estimated $6.1.
The revenue projection is slightly below market expectations, and the EPS projection is significantly lower. This is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100