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.
Image and article originally from www.benzinga.com. Read the original article here.