Lamb Weston Holdings, Inc. (NYSE:LW) will release earnings for its third quarter before the opening bell on Wednesday, April 1.
Analysts expect the company to report quarterly earnings of 61 cents per share. That’s down from $1.10 per share in the year-ago period. The consensus estimate for Lamb Weston’s quarterly revenue is $1.49 billion (it reported $1.52 billion last year), according to Benzinga Pro.
Ahead of quarterly earnings, Deutsche Bank analyst Steve Powers, on Monday, maintained Lamb Weston with a Hold and lowered the price target from $46 to $40.
With the recent buzz around Lamb Weston, some investors may be eyeing potential gains from the company’s dividends too. As of now, Lamb Weston has an annual dividend yield of 3.71%, which is a quarterly dividend amount of 38 cents per share ($1.52 a year).
So, how can investors …
This post was originally published here