Lamb Weston reports Q1 FY2027 earnings beat and raises full‑year outlook
Lamb Weston posted first‑quarter fiscal 2027 adjusted earnings of $0.75 per share, surpassing analyst expectations of $0.59. Net sales rose 1% to $1.67 billion and adjusted EBITDA was $286 million. The company lifted its full‑year adjusted EPS guidance to $3.05‑$3.35 and its EBITDA guidance to $1.125‑$1.215 billion, citing strong North American volume growth and cost‑saving measures.
Why it matters
The earnings beat and raised guidance prompted analysts such as Stephens and Stifel to increase their price targets, indicating a more optimistic outlook for the stock. Investors may see a near‑term upside as the market re‑prices the higher earnings expectations.
Key facts
- 1Adjusted EPS for Q1 FY2027 was $0.75 per share. finance.yahoo.com
- 2Analysts expected $0.59 per share for the quarter. finance.yahoo.com
- 3Net sales increased 1% to $1.67 billion. finance.yahoo.com
- 4Adjusted EBITDA for the quarter was $286 million. finance.yahoo.com
- 5Full‑year adjusted EPS guidance was raised to $3.05‑$3.35, from $2.95‑$3.25. finance.yahoo.com
- 6Full‑year adjusted EBITDA guidance was raised to $1.125‑$1.215 billion, from $1.10‑$1.20 billion. finance.yahoo.com
Summary written by AlphAI from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.