Lamb Weston (NYSE:LW) Releases Earnings Results, Misses Estimates By $0.35 EPS

Lamb Weston (NYSE:LW) issued its quarterly earnings data on Thursday. The specialty retailer reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.01 by ($0.35), RTT News reports. The business had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.67 billion. Lamb Weston had a net margin of 9.57% and a return on equity of 34.33%. The business’s quarterly revenue was down 7.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.45 earnings per share. Lamb Weston updated its FY 2025 guidance to 3.050-3.200 EPS and its FY25 guidance to $3.05-3.20 EPS.

Lamb Weston Stock Performance

Shares of LW stock opened at $78.22 on Thursday. The company has a debt-to-equity ratio of 1.87, a current ratio of 1.19 and a quick ratio of 0.54. The business has a fifty day moving average of $77.11 and a 200 day moving average of $72.83. The firm has a market capitalization of $11.15 billion, a price-to-earnings ratio of 18.36, a price-to-earnings-growth ratio of 1.34 and a beta of 0.70. Lamb Weston has a 1 year low of $52.99 and a 1 year high of $111.88.

Lamb Weston Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 1st were given a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 1.84%. The ex-dividend date of this dividend was Friday, November 1st. Lamb Weston’s payout ratio is 33.80%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on LW shares. Jefferies Financial Group lifted their price target on Lamb Weston from $80.00 to $95.00 and gave the company a “buy” rating in a report on Tuesday. Wells Fargo & Company lifted their target price on Lamb Weston from $70.00 to $77.00 and gave the company an “overweight” rating in a research note on Thursday, October 3rd. Stifel Nicolaus increased their price target on shares of Lamb Weston from $65.00 to $80.00 and gave the company a “hold” rating in a research report on Friday, October 25th. Barclays lifted their price objective on shares of Lamb Weston from $70.00 to $74.00 and gave the stock an “overweight” rating in a research report on Friday, October 4th. Finally, JPMorgan Chase & Co. increased their target price on shares of Lamb Weston from $68.00 to $78.00 and gave the company a “neutral” rating in a research report on Monday. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $84.25.

Lamb Weston Company Profile

Lamb Weston Holdings, Inc produces, distributes, and markets frozen potato products worldwide. The company operates through four segments: Global, Foodservice, Retail, and Other. It offers frozen potatoes, commercial ingredients, and appetizers under the Lamb Weston brand, as well as under various customer labels.