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

Lamb Weston (NYSE:LW) posted its quarterly earnings results 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. Lamb Weston had a net margin of 9.57% and a return on equity of 34.33%. The business had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.67 billion. During the same period in the prior year, the business earned $1.45 earnings per share. Lamb Weston’s revenue was down 7.5% compared to the same quarter last year. 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 Price Performance

Lamb Weston 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 stock has a market cap 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. The firm has a 50-day moving average of $77.11 and a two-hundred day moving average of $72.83. Lamb Weston has a 1 year low of $52.99 and a 1 year high of $111.88.

Lamb Weston Announces Dividend

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

Wall Street Analyst Weigh In

Several research firms have weighed in on LW. JPMorgan Chase & Co. upped their price target on Lamb Weston from $68.00 to $78.00 and gave the stock a “neutral” rating in a research note on Monday. Jefferies Financial Group lifted their price objective on Lamb Weston from $80.00 to $95.00 and gave the stock a “buy” rating in a research note on Tuesday. Bank of America increased their target price on Lamb Weston from $68.00 to $80.00 and gave the company a “neutral” rating in a research report on Monday, October 21st. Sanford C. Bernstein began coverage on shares of Lamb Weston in a research note on Tuesday, December 3rd. They set a “market perform” rating and a $85.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Lamb Weston in a research note on Thursday, December 12th. They issued a “hold” rating and a $81.00 price objective for the company. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, Lamb Weston has an average 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.