Lamb Weston (LW) Beats Q1 Earnings and Revenue Estimates

Lamb Weston (LW) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.73 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +37.04%. A quarter ago, it was expected that this frozen foods supplier would post earnings of $0.64 per share when it actually produced earnings of $0.87, delivering a surprise of +35.94%.Over the last four quarters, th ...