Lamb Weston Holdings Aktie

Lamb Weston Holdings für 0 Euro bei ZERO ordern (zzgl. Spreads)

WKN DE: A2ATEK / ISIN: US5132721045

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26.07.2024 13:49:30

Why Lamb Weston Stock Was Plummeting This Week

Earnings season is kind to some stocks, and merciless to others. Unfortunately for potato products supplier Lamb Weston (NYSE: LW), it fell into the latter category following the release of its latest set of quarterly results on Wednesday. What didn't help was a series of analyst price target recommendation downgrades and price target cuts in the wake of those results.The subsequent market rout pushed Lamb Weston's share price down a queasy 32% week-to-date as of early Friday morning, according to data compiled by S&P Global Market Intelligence.Lamb Weston published its fourth quarter of fiscal 2024 numbers before market open that day, and it was greeted with a heavy investor sell-off once trading began. The company's net sales fell by 5% on a year-over-year basis to $1.6 billion, while its non-GAAP (adjusted) net income fell a great deal more steeply. That line item cratered by 40% to just under $114 million. Continue readingWeiter zum vollständigen Artikel bei MotleyFool

Analysen zu Lamb Weston Holdings Inc Registered Shs When Issuedmehr Analysen

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