Eagle, Idaho-based Lamb Weston Holdings, Inc. (LW) engages in the production, distribution, and marketing of frozen potato products. It offers frozen potatoes, commercial ingredients, and appetizers under the Lamb Weston brand, as well as under various customer labels. With a market cap of $7.4 billion, Lamb Weston’s operations span North America and internationally.
The packaged foods giant is expected to announce its Q4 earnings on Wednesday, Jul. 23. Ahead of the event, analysts expect Lamb Weston to report a profit of $0.65 per share, down 16.7% from $0.78 per share reported in the year-ago quarter. The company has surpassed or matched the Street’s earnings projections in two of the past four quarters while missing on two other occasions.
