Lamb Weston Tops Q1 EPS by 26c, Offers Guidance QA

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Lamb Weston Tops Q1 EPS by 26c, Offers Guidance QA

Lamb Weston (LW) reported Q1 EPS of $0.75, $0.26 better than the analyst estimate of $0.49. Revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.12 billion.

GUIDANCE:

Lamb Weston sees FY2023 EPS of $2.45-$2.85, versus the consensus of $2.79. Lamb Weston sees FY2023 revenue of $4.7-4.8 billion, versus the consensus of $4.77 billion.

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