Lamb Weston shares are trading lower after the company reported worse-than-expected Q4 financial results. Also, the company issued its FY25 EPS guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Lamb Weston shares are trading lower after the company reported worse-than-expected Q4 financial results and issued FY25 EPS guidance below estimates.
July 24, 2024 | 1:02 pm
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NEGATIVE IMPACT
Lamb Weston shares are trading lower due to disappointing Q4 financial results and FY25 EPS guidance below estimates.
The company's worse-than-expected Q4 financial results and lower-than-expected FY25 EPS guidance are likely to negatively impact investor sentiment and drive the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100