2023-04-06 08:35:01 ET
- Lamb Weston press release ( NYSE: LW ): Q3 Non-GAAP EPS of $1.43 beats by $0.44 .
- Revenue of $1.25B (+30.9% Y/Y) beats by $90M .
- Shares +2% PM.
- Fiscal 2023 Outlook: Net sales of $5.25B to $5.35B from prior view of $4.8B to $4.9B vs. consensus of $5.15B; Net income of $639M to $664M from prior guidance of $580M to $620M, and Diluted EPS of $4.42 to $4.57 vs. prior view of $4.03 to $4.28; Adjusted Net Income of $630M to $655M vs. prior outlook of $540M to $580M adjusted diluted EPS of $4.35 to $4.50 vs. previous target pf $3.75 to $4.00 and consensus of $3.94 .Adjusted EBITDA including unconsolidated joint ventures of $1.05B to $1.1B.
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Lamb Weston Non-GAAP EPS of $1.43 beats by $0.44, revenue of $1.25B beats by $90M