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Curious about Lamb Weston (LW) Q1 Performance? Explore Wall Street Estimates for Key Metrics
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In its upcoming report, Lamb Weston (LW - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.59 per share, reflecting a decline of 20.3% compared to the same period last year. Revenues are forecasted to be $1.65 billion, representing a year-over-year decrease of 0.4%.
The consensus EPS estimate for the quarter has been revised 0.3% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Given this perspective, it's time to examine the average forecasts of specific Lamb Weston metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts predict that the 'Geographic Sales- International' will reach $548.52 million. The estimate suggests a change of -4.6% year over year.
The consensus among analysts is that 'Geographic Sales- North America' will reach $1.10 billion. The estimate suggests a change of +1.7% year over year.
Based on the collective assessment of analysts, 'Volume- International' should arrive at -0.5%. Compared to the current estimate, the company reported 6.0% in the same quarter of the previous year.
The consensus estimate for 'Volume- North America' stands at 3.8%. Compared to the current estimate, the company reported 5.0% in the same quarter of the previous year.
Analysts expect 'Volume- Consolidated' to come in at 2.3%. The estimate is in contrast to the year-ago figure of 6.0%.
The average prediction of analysts places 'Adjusted EBITDA- International' at $29.69 million. Compared to the current estimate, the company reported $57.20 million in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Adjusted EBITDA- North America' will likely reach $260.98 million. Compared to the current estimate, the company reported $260.00 million in the same quarter of the previous year.
Shares of Lamb Weston have demonstrated returns of -20.5% over the past month compared to the Zacks S&P 500 composite's -0.4% change. With a Zacks Rank #2 (Buy), LW is expected to beat the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Curious about Lamb Weston (LW) Q1 Performance? Explore Wall Street Estimates for Key Metrics
In its upcoming report, Lamb Weston (LW - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.59 per share, reflecting a decline of 20.3% compared to the same period last year. Revenues are forecasted to be $1.65 billion, representing a year-over-year decrease of 0.4%.
The consensus EPS estimate for the quarter has been revised 0.3% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Given this perspective, it's time to examine the average forecasts of specific Lamb Weston metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts predict that the 'Geographic Sales- International' will reach $548.52 million. The estimate suggests a change of -4.6% year over year.
The consensus among analysts is that 'Geographic Sales- North America' will reach $1.10 billion. The estimate suggests a change of +1.7% year over year.
Based on the collective assessment of analysts, 'Volume- International' should arrive at -0.5%. Compared to the current estimate, the company reported 6.0% in the same quarter of the previous year.
The consensus estimate for 'Volume- North America' stands at 3.8%. Compared to the current estimate, the company reported 5.0% in the same quarter of the previous year.
Analysts expect 'Volume- Consolidated' to come in at 2.3%. The estimate is in contrast to the year-ago figure of 6.0%.
The average prediction of analysts places 'Adjusted EBITDA- International' at $29.69 million. Compared to the current estimate, the company reported $57.20 million in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Adjusted EBITDA- North America' will likely reach $260.98 million. Compared to the current estimate, the company reported $260.00 million in the same quarter of the previous year.
View all Key Company Metrics for Lamb Weston here>>>Shares of Lamb Weston have demonstrated returns of -20.5% over the past month compared to the Zacks S&P 500 composite's -0.4% change. With a Zacks Rank #2 (Buy), LW is expected to beat the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .