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

Lamb Weston (NYSE:LW - Get Free Report) issued its quarterly earnings data on Thursday. The specialty retailer reported $0.66 EPS for the quarter, missing analysts' consensus estimates of $1.01 by ($0.35), RTT News reports. The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.67 billion. Lamb Weston had a return on equity of 34.33% and a net margin of 9.57%. The company's revenue was down 7.5% on a year-over-year basis. During the same quarter 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

NYSE LW traded down $15.72 during trading on Thursday, reaching $62.50. 12,297,362 shares of the company's stock were exchanged, compared to its average volume of 2,518,215. 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 50 day moving average price of $77.11 and a 200-day moving average price of $72.83. The stock has a market capitalization of $8.91 billion, a P/E ratio of 14.67, a PEG ratio of 1.34 and a beta of 0.70. Lamb Weston has a fifty-two week low of $52.99 and a fifty-two week high of $111.88.

Lamb Weston Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 1st were paid a $0.36 dividend. The ex-dividend date was Friday, November 1st. This represents a $1.44 annualized dividend and a yield of 2.30%. Lamb Weston's dividend payout ratio (DPR) is currently 33.80%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Jefferies Financial Group upped their price objective on Lamb Weston from $80.00 to $95.00 and gave the stock a "buy" rating in a research report on Tuesday. Stifel Nicolaus upped their price target on Lamb Weston from $65.00 to $80.00 and gave the stock a "hold" rating in a research report on Friday, October 25th. Bank of America raised their price target on shares of Lamb Weston from $68.00 to $80.00 and gave the stock a "neutral" rating in a research note on Monday, October 21st. TD Cowen boosted their price objective on shares of Lamb Weston from $61.00 to $65.00 and gave the stock a "hold" rating in a research report on Tuesday, September 24th. Finally, JPMorgan Chase & Co. increased their target price on shares of Lamb Weston from $68.00 to $78.00 and gave the stock a "neutral" rating in a report on Monday. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $84.25.

About Lamb Weston

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.