Lamb Weston Boosts FY24 Earnings Outlook - Update

RTTNews | Před 509 dny
Lamb Weston Boosts FY24 Earnings Outlook - Update

(RTTNews) - While reporting financial results for the second quarter on Thursday, Lamb Weston Holdings, Inc. (LW) raised its earnings and adjusted earnings guidance for the full-year 2024, while reaffirming annual net sales outlook.

For fiscal 2024, the company now projects earnings in a range of $5.70 to $6.15 per share and adjusted earnings in a range of $5.70 to $6.15 per share. Previously, the company expected earnings in the range of $5.47 to $5.92 per share and adjusted earnings in the range of $5.50 to $5.95 per share.

However, the company continues to projects net sales between $6.8 billion and $7.0 billion.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $5.90 per share on net sales of $6.89 billion for the year. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Značky : LW
read more
Lamb Weston Boosts FY23 Outlook - Update

Lamb Weston Boosts FY23 Outlook - Update

While reporting financial results for the second quarter on Thursday, Lamb Weston Holdings, Inc. (LW) raised its earnings, adjusted earnings and net sales guidance for the full-year 2023, based on its financial performance in the first half of fiscal 2023 and broad operating momentum.
RTTNews | Před 873 dny
Rebound Predicted For Thai Stock Market

Rebound Predicted For Thai Stock Market

The Thai stock market on Tuesday snapped the two-day winning streak in which it had gained more than 5 points or 0.5 percent. The Stock Exchange of Thailand now rests just above the 1,160-point plateau, although it's likely to open to the upside on Wednesday.
RTTNews | Před 7 minutami
Indonesia Stock Market Poised To Open To The Upside

Indonesia Stock Market Poised To Open To The Upside

The Indonesia stock market bounced higher again on Tuesday, one day after ending the three-day winning streak in which it had climbed more than 120 points or 1.7 percent. more than 120 points or 1.7 percent along the way. The Jakarta Composite Index now rests just beneath the 7,200-point plateau and it may extend its gains on Wednesday.
RTTNews | Před 37 minutami
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Wednesday, extending the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 38,000 mark, with gains across most sectors led by index heavyweights and technology stocks.
RTTNews | Před 38 minutami
Higher Open Called For Hong Kong Stock Market

Higher Open Called For Hong Kong Stock Market

The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had rallied almost 500 points or 2.2 percent. The Hang Seng Index now sits just above the 23,380-point plateau and it has a solid lead again for Wednesday's trade.
RTTNews | Před 52 minutami
China Stock Market Due For Support On Wednesday

China Stock Market Due For Support On Wednesday

The China stock market has finished lower in four straight sessions, surrendering almost 50 points or 1.5 percent along the way. The Shanghai Composite Index now sits just above the 3,340-point plateau although it may stop the bleeding on Wednesday.
RTTNews | Před 1 h 7 min