Benzinga | Oct 7, 2020 08:36AM EDT

Lamb Weston Holdings Q1 EPS $0.16 Misses $0.30 Estimate, Sales $872.00M Beat $869.22M Estimate

Lamb Weston Holdings (NYSE:LW) reported quarterly earnings of $0.16 per share which missed the analyst consensus estimate of $0.30 by 46.67 percent. This is a 79.75 percent decrease over earnings of $0.79 per share from the same period last year. The company reported quarterly sales of $872.00 million which beat the analyst consensus estimate of $869.22 million by 0.32 percent. This is a 11.83 percent decrease over sales of $989.00 million the same period last year.