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Lamb Weston Hldgs LW reported its Q1 earnings results on Wednesday, October 5, 2022 at 08:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Lamb Weston Hldgs beat estimated earnings by 53.06%, reporting an EPS of $0.75 versus an estimate of $0.49.
Revenue was up $141.80 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.14 which was followed by a 3.9% increase in the share price the next day.
Here’s a look at Lamb Weston Hldgs’s past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | 0.51 | 0.44 | 0.32 | 0.39 |
EPS Actual | 0.65 | 0.73 | 0.50 | 0.20 |
Revenue Estimate | 1.07B | 968.52M | 997.81M | 993.09M |
Revenue Actual | 1.15B | 955.00M | 1.01B | 984.20M |
To track all earnings releases for Lamb Weston Hldgs visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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Image and article originally from www.benzinga.com. Read the original article here.