Lamb Weston Holdings, Inc. (NYSE:LW) is expected to report fourth quarter earnings results, before market open, on Tuesday 28th July 2020.
Analysts polled by Thomson Reuters anticipate fourth quarter income of $ 0.16 per share.
Looking ahead, the full year income are expected at $ 2.71 per share on the revenues of $ 3767.95 million.
Previous Quarter Performance
Lamb Weston Holdings, Inc. communicated income for the third quarter of $ 0.77 per share, from the revenue of $ 937.30 million. Wall street analysts are predicting, LW to report 3Q20 income of $ 0.93 per share from revenue of $ 959.19 million. The bottom line results missed street analysts by $ 0.16 or 17.2 percent, at the same time, top line results fell short of analysts by $ 21.89 million or 2.28 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of LW was $ 70.50, representing a 80.49 % increase from the 52 week low of $ 39.06 and a 26.81 % decrease over the 52 week high of $ 96.32.
The company has a market capital of $ 10.30 billion and is part of the Consumer Defensive sector and Packaged Foods industry.
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Conference Call
Lamb Weston Holdings, Inc. will be hosting a conference call at 10:00 AM eastern time on 28th July 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.lambweston.com
Lamb Weston Holdings, Inc. produces, distributes, and markets value-added frozen potato products worldwide. It operates through four segments: Global, Foodservice, Retail, and Other.