Lamb Weston Hldgs (NYSE:LW) reported its Q2 earnings results on Thursday, January 6, 2022 at 08:30 AM.
Here's what investors need to know about the announcement.
Earnings
Lamb Weston Hldgs beat estimated earnings by 56.25%, reporting an EPS of $0.5 versus an estimate of $0.32, which surprised analysts.
Revenue was up $110.90 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.19, which was followed by a 3.11% drop in the share price the next day.
Here's a look at Lamb Weston Hldgs's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.39 | 0.44 | 0.51 | 0.62 |
| EPS Actual | 0.20 | 0.44 | 0.45 | 0.66 |
| Revenue Estimate | 993.09M | 923.62M | 816.45M | 876.79M |
| Revenue Actual | 984.20M | 1.01B | 896.00M | 896.10M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
