Markets.News
Lamb Weston Holdings, Inc. is scheduled to announce its second-quarter earnings before the market opens on Friday, Dec. 19. Analysts are forecasting earnings of 65 cents per share for the Eagle, Idaho-based company, a slight decrease from the 66 cents per share reported in the same period last year. The consensus estimate for quarterly revenue stands at $1.59 billion, with last year's revenue reported at $1.6 billion. In the first quarter of fiscal 2026, Lamb Weston recorded net sales of $1.66 billion, slightly higher than the $1.65 billion from the previous year and surpassing the $1.62 billion estimate. Despite this, the company's shares experienced a 0.2% decline to close at $59.33 on Thursday. For more details, the full story is available on Benzinga.com.