Lamb Weston (NYSE:LW – Get Free Report) issued its quarterly earnings results on Tuesday. The specialty retailer reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.01, Briefing.com reports. Lamb Weston had a return on equity of 44.06% and a net margin of 11.22%. The firm had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.55 billion. During the same quarter in the prior year, the business posted $1.63 earnings per share. Lamb Weston’s revenue for the quarter was down .7% on a year-over-year basis. Lamb Weston updated its FY 2025 guidance to 4.150-4.350 EPS and its FY25 guidance to $4.15-4.35 EPS.
Lamb Weston Stock Performance
LW stock traded down $0.48 during mid-day trading on Thursday, reaching $66.10. The company had a trading volume of 706,451 shares, compared to its average volume of 2,518,546. Lamb Weston has a one year low of $52.99 and a one year high of $111.88. The stock has a market capitalization of $9.54 billion, a P/E ratio of 8.89, a P/E/G ratio of 6.18 and a beta of 0.75. The company has a quick ratio of 0.59, a current ratio of 1.29 and a debt-to-equity ratio of 1.92. The stock’s 50-day simple moving average is $61.82 and its two-hundred day simple moving average is $77.58.
Lamb Weston Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 1st will be paid a dividend of $0.36 per share. The ex-dividend date of this dividend is Friday, November 1st. This represents a $1.44 dividend on an annualized basis and a yield of 2.18%. Lamb Weston’s payout ratio is currently 19.23%.
Wall Street Analyst Weigh In
Get Our Latest Research Report on Lamb Weston
Insider Buying and Selling
In other Lamb Weston news, Director William G. Jurgensen purchased 10,000 shares of the business’s stock in a transaction dated Friday, July 26th. The shares were bought at an average price of $55.43 per share, with a total value of $554,300.00. Following the completion of the acquisition, the director now owns 173,377 shares in the company, valued at approximately $9,610,287.11. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.66% of the company’s stock.
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.
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