2023-07-25 08:33:40 ET
- Lamb Weston press release ( NYSE: LW ): Q4 Non-GAAP EPS of $1.22 beats by $0.17 .
- Revenue of $1.7B (-58.5% Y/Y) beats by $40M .
- Adjusted EBITDA including unconsolidated joint ventures increased 59% to $318 million.
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Fiscal 2024 Outlook: Net sales of $6.7 billion to $6.9 billion vs. consensus of $6.77B; Net income of $725 million to $790 million, and Diluted EPS of $4.95 to $5.40 vs. consensus of $5.01; Adjusted EBITDA including unconsolidated joint ventures of $1,450 million to $1,525 million.
For further details see:
Lamb Weston beats Q4 top and bottom line estimates; initiates FY24 outlook