Lamb Weston Boosts FY24 Earnings Outlook - Update

RTTNews | 599天前
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

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 | 963天前
Swiss Market Ends Moderately Lower

Swiss Market Ends Moderately Lower

After a weak start and a subsequent long spell in negative territory, the Switzerland market briefly moved slightly above the flat line in late afternoon trades on Monday, but quickly tumbled again to eventually settle on a weak note.
RTTNews | 3小时14分钟前
European Markets Close Weak After Cautious Session

European Markets Close Weak After Cautious Session

European stocks closed on a weak note on Monday after a cautious session as investors awaited key inflation data from major economies in the region, and looked for more details about U.S. - EU trade deal.
RTTNews | 3小时35分钟前
Canadian Market Down More Than 0.5% On Profit Taking

Canadian Market Down More Than 0.5% On Profit Taking

After opening slightly down, the Canadian market slipped deeper into the red on Monday, weighed down by losses in healthcare, consumer staples, utilities and materials sectors.
RTTNews | 4小时15分钟前
U.S. New Home Sales Pull Back From Upwardly Revised Level In July

U.S. New Home Sales Pull Back From Upwardly Revised Level In July

New home sales in the U.S. decreased from an upwardly revised level in the month of July, according to a report released by the Commerce Department on Monday. The Commerce Department said new home sales fell by 0.6 percent to an annual rate of 652,000 in July after surging by 4.1 percent to an upwardly revised rate of 656,000 in June.
RTTNews | 5小时59分钟前