Lamb Weston (LW) Q2 Earnings and Revenues Surpass Estimates

Lamb Weston (LW) came out with quarterly earnings of $1.45 per share, beating the Zacks Consensus Estimate of $1.40 per share. This compares to earnings of $1.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.57%. A quarter ago, it was expected that this frozen foods supplier would post earnings of $1.09 per share when it actually produced earnings of $1.63, delivering a surprise of 49.54%.Over the last four quarters, the c ...