11:05 AM EDT, 07/23/2025 (MT Newswires) -- (Updates with share move in the lede and headline)

Lamb Weston ( LW ) shares jumped 20% in recent Wednesday trading after the company reported Q4 earnings and provided a fiscal 2026 outlook.

The company reported fiscal Q4 adjusted earnings of $0.87 per diluted share, up from $0.78 a year earlier.

Analysts polled by FactSet expected $0.63.

Net sales for the fiscal quarter ended May 25 was $1.68 billion, up from $1.61 billion a year earlier.

Analysts surveyed by FactSet expected $1.59 billion.

For fiscal 2026, the company said it expects net sales of $6.35 billion to $6.55 billion.

Analysts surveyed by FactSet expect $6.41 billion.

The company's shares were over 5% higher in recent Wednesday premarket activity.

Price: 59.21, Change: +10.04, Percent Change: +20.42