Lamb Weston (LW) Beats Q1 Earnings and Revenue Estimates

Core Insights - Lamb Weston reported quarterly earnings of $0.74 per share, exceeding the Zacks Consensus Estimate of $0.54 per share, and showing a slight increase from $0.73 per share a year ago, resulting in an earnings surprise of +37.04% [1] - The company achieved revenues of $1.66 billion for the quarter ended August 2025, surpassing the Zacks Consensus Estimate by 2.65%, and showing a year-over-year increase from $1.65 billion [2] - Lamb Weston has outperformed consensus EPS estimates three times in the last four quarters and has also topped revenue estimates three times during the same period [2] Earnings Outlook - The future performance of Lamb Weston shares will largely depend on management's commentary during the earnings call and the sustainability of the stock's immediate price movement based on the recently released numbers [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.60 on revenues of $1.58 billion, while the estimate for the current fiscal year is $2.89 on revenues of $6.49 billion [7] Industry Context - The Zacks Industry Rank indicates that the Food - Miscellaneous sector, to which Lamb Weston belongs, is currently in the bottom 22% of over 250 Zacks industries, suggesting potential challenges ahead [8] - The performance of Lamb Weston may also be influenced by the upcoming earnings report of Conagra Brands, another company in the same industry, which is expected to report a significant year-over-year decline in earnings [9][10]