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Lamb Weston: Fiscal 3Q Earnings Snapshot

EAGLE, Idaho (AP) _ Lamb Weston Holdings Inc. (LW) on Tuesday reported fiscal third-quarter profit of $140.9 million.

On a per-share basis, the Eagle, Idaho-based company said it had net income of 95 cents.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 82 cents per share.

The frozen foods supplier posted revenue of $926.8 million in the period.

Lamb Weston shares have risen roughly 1 percent since the beginning of the year. The stock has climbed 27 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LW at https://www.zacks.com/ap/LW