Lamb Weston (LW) Lags Q2 Earnings and Revenue Estimates
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Lamb Weston (LW) reported Q2 earnings of $0.66 per share, missing the Zacks Consensus Estimate of $1.02 per share, and down from $1.45 per share a year ago.
December 19, 2024 | 1:30 pm
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Lamb Weston reported Q2 earnings of $0.66 per share, missing estimates and showing a decline from last year's $1.45 per share.
The significant miss on earnings per share compared to both the estimate and the previous year's performance is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100