Lamb Weston beats Q1 fiscal 2027 estimates and raises full‑year outlook
Lamb Weston reported fiscal Q1 2027 adjusted earnings of $0.75 per share on revenue of $1.67 billion, beating consensus estimates. North America sales grew 5% while international sales fell 8%, driven by weaker European volumes. The company lifted its fiscal 2027 guidance to $3.05‑$3.35 adjusted EPS and $1.125‑$1.215 billion adjusted EBITDA. Shares jumped double‑digits in pre‑market trading.
Why it matters
The raised guidance expands the earnings target for the year, meaning investors can expect higher adjusted EPS and EBITDA than previously forecast (the company announced the new ranges). The earnings beat and outlook upgrade drove a 10%‑plus share price rise, reflecting immediate market re‑rating.
Key facts
- 1Adjusted diluted EPS for Q1 2027 was $0.75 per share. investing.com
- 2Revenue for the quarter was $1.67 billion. investing.com
- 3North America sales increased 5% year over year. investing.com
- 4International sales declined 8% year over year. investing.com
- 5Adjusted EBITDA for the quarter was $286 million. investing.com
- 6Adjusted EPS guidance for fiscal 2027 was raised to $3.05‑$3.35 per share. finance.yahoo.com
Summary written by AlphAI AI Desk from 20 of 36 sources. Not investment advice. Figures are as stated by the linked sources.