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

Lamb Weston (NYSE:LW) released its earnings results on Thursday. The specialty retailer reported $0.66 earnings per share 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 company’s revenue was down 7.5% compared to the same quarter last year. During the same period last year, the firm earned $1.45 EPS. 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 Down 0.7 %

LW stock opened at $62.09 on Friday. Lamb Weston has a 52-week low of $52.99 and a 52-week high of $111.88. 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 capitalization of $8.85 billion, a price-to-earnings ratio of 14.58, a price-to-earnings-growth ratio of 1.34 and a beta of 0.70. The company has a 50-day moving average of $76.76 and a two-hundred day moving average of $72.58.

Lamb Weston Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, January 31st will be issued a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 2.38%. The ex-dividend date of this dividend is Friday, January 31st. This is an increase from Lamb Weston’s previous quarterly dividend of $0.36. Lamb Weston’s dividend payout ratio (DPR) is 56.92%.

Wall Street Analysts Forecast Growth

LW has been the subject of a number of research analyst reports. Jefferies Financial Group increased their target price on shares of Lamb Weston from $80.00 to $95.00 and gave the stock a “buy” rating in a research report on Tuesday. Bank of America lifted their price objective 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 started coverage on Lamb Weston in a research report on Tuesday, December 3rd. They issued a “market perform” rating and a $85.00 target price on the stock. Stifel Nicolaus reduced their price target on Lamb Weston from $80.00 to $68.00 and set a “hold” rating for the company in a report on Friday. Finally, Deutsche Bank Aktiengesellschaft started coverage on Lamb Weston in a report on Thursday, December 12th. They issued a “hold” rating and a $81.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $81.42.

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.