Lamb Weston Stock Falls In Pre-Market Despite Turning To Profit In Q2

Lamb Weston Holdings, Inc. (LW), Friday announced its results for the second quarter of fiscal 2026, reporting a net income of $62.1 million, or $0.44 a share, compared with a net loss of $36.1 million, or $0.25 a share, last year.In the pre-market hours, LW is moving down 13.72 percent, to $51.20 on the New York Stock Exchange.On adjusted basis, net income amounted to $96.7 million, or $0.69 per share, compared to $104.9 million, or $0.73 per share, in the prior year.Analysts, on average, estimated earnin ...