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

Lamb Weston (NYSE:LW) posted its earnings results 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 company had revenue of $1.60 billion during 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%. Lamb Weston’s revenue for the quarter was down 7.5% on a year-over-year basis. During the same quarter 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 Price Performance

Shares of NYSE:LW opened at $78.22 on Thursday. Lamb Weston has a twelve month low of $52.99 and a twelve month high of $111.88. The company has a current ratio of 1.19, a quick ratio of 0.54 and a debt-to-equity ratio of 1.87. The company has a market cap of $11.15 billion, a PE ratio of 18.36, a price-to-earnings-growth ratio of 1.34 and a beta of 0.70. The company’s 50 day moving average is $77.11 and its 200 day moving average is $72.83.

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 issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date was Friday, November 1st. Lamb Weston’s dividend payout ratio (DPR) is 33.80%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on LW. TD Cowen lifted 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. Sanford C. Bernstein assumed coverage on Lamb Weston in a research report on Tuesday, December 3rd. They set a “market perform” rating and a $85.00 price target on the stock. Stifel Nicolaus increased their price objective on Lamb Weston from $65.00 to $80.00 and gave the company a “hold” rating in a report on Friday, October 25th. Deutsche Bank Aktiengesellschaft started coverage on Lamb Weston in a research note on Thursday, December 12th. They set a “hold” rating and a $81.00 target price on the stock. Finally, Bank of America increased their price target on Lamb Weston from $68.00 to $80.00 and gave the company a “neutral” rating in a research note on Monday, October 21st. One analyst has rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, Lamb Weston currently has an average rating of “Hold” and an average target price 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.