Lamb Weston Holdings, Inc. (LW), based in Eagle, Idaho, 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 $8.9 billion, Lamb Weston’s operations span the United States, Canada, Mexico, and internationally. It is expected to announce its Q3 earnings after the market closes on April 3.
Ahead of the event, analysts expect Lamb Weston to report a profit of $0.88 per share, down 26.7% from $1.20 per share reported in the year-ago quarter. The company has failed to surpass Wall Street’s EPS projections in three of the past four quarters while beating on another occasion.
