Lamb Weston beats Q1 estimates and raises FY27 adjusted EPS outlook
Lamb Weston reported Q1 FY27 revenue of $1.67 billion, a 1% increase, and adjusted earnings per share of $0.75, topping consensus estimates. The company lifted its FY27 adjusted EPS guidance to a range of $3.05‑$3.35. Analysts responded by raising price targets, with Barclays and Wells Fargo moving theirs to $58. The stock rose about 4.15% and closed near $49.86 after the release.
Why it matters
The earnings beat and higher guidance prompted a 4.15% stock gain and may support further upside as analysts upgraded targets to $58 (Barclays, Wells Fargo). The raised EPS outlook also sets a higher earnings baseline for FY27, influencing future valuation models.
Key facts
- 1Q1 FY27 revenue was $1.67 billion. timothysykes.com
- 2Adjusted EPS for the quarter was $0.75. timothysykes.com
- 3FY27 adjusted EPS guidance was raised to $3.05‑$3.35. timothysykes.com
- 4Operating cash flow for the quarter was about $234.8 million. stockstotrade.com
- 5The company maintained a quarterly dividend of $0.38 per share. timothysykes.com
- 6The stock closed near $49.86 after the earnings release. timothysykes.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.