Lamb Weston Holdings, Inc. Reveals Advance In Q3 Profit, Beats estimates

Lamb Weston Holdings, Inc. (LW) revealed earnings for its third quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $106.6 million, or $0.73 per share. This compares with $66.1 million, or $0.45 per share, in last year's third quarter.

Analysts on average had expected the company to earn $0.44 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.6% to $955.0M from $895.8M last year.

Lamb Weston Holdings, Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $106.6 Mln. vs. $66.1 Mln. last year.
-EPS (Q3): $0.73 vs. $0.45 last year.
-Analyst Estimate: $0.44
-Revenue (Q3): $955.0M vs. $895.8M last year.

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