Post-earnings recap
Reported
Thu, Oct 7, 2021
Est. EPS
—
Est. revenue
—
Implied move
—
EPS beat rate
88%
Est. EPS
—
Est. Rev
—
Impl. Move
—
Lamb Weston reported earnings that fell short of expectations, particularly in EPS, which contributed to a significant drop in the stock price by 6.64%. The company is facing challenges related to supply chain disruptions, which may impact future performance. Without any guidance offered, investors are left uncertain about the company's outlook in the coming quarters.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.20 | N/A | -47.37% |
| Revenue | N/A | N/A | N/A |
Management expressed concerns about ongoing supply chain issues impacting performance. They highlighted the importance of cost management in the current environment.
Management acknowledged challenges in the supply chain.
They emphasized the need for cost management moving forward.
There was no specific guidance provided for future quarters.