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Consumer Goods | Food - Major Diversified | USA

Lamb Weston (LW) Misses Q1 Earnings Estimates

Lamb Weston (LW) came out with quarterly earnings of $0.79 per share, missing the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.73 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -1.25%. A quarter ago, it was expected that this frozen foods supplier would post earnings of $0.72 per share when it actually produced earnings of $0.74, delivering a surprise of 2.78%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Lamb Weston, which belongs to the Zacks Food - Miscellaneous industry, posted revenues of $989 million for the quarter ended August 2019, surpassing the Zacks Consensus Estimate by 1.77%. This compares to year-ago revenues of $914.90 million.



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https://finance.yahoo.com/news/lamb-west...01410.html

Lamb Weston (LW) Q1 Earnings Surpass Estimates

Lamb Weston (LW) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.79 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 103.33%. A quarter ago, it was expected that this frozen foods supplier would post earnings of $0.12 per share when it actually produced a loss of $0.01, delivering a surprise of -108.33%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Lamb Weston, which belongs to the Zacks Food - Miscellaneous industry, posted revenues of $871.50 million for the quarter ended August 2020, missing the Zacks Consensus Estimate by 0.70%. This compares to year-ago revenues of $989 million.


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https://finance.yahoo.com/news/lamb-west...01011.html