Lamb Weston Holdings, Inc. (LW) stock is surging 5.08% in pre-market trading on Tuesday following the release of its impressive first-quarter fiscal 2026 results. The company's performance significantly exceeded analyst expectations across multiple financial metrics.

The frozen potato products giant reported adjusted earnings per share (EPS) of $0.74, substantially outperforming the IBES estimate of $0.55. This strong bottom-line performance was complemented by robust top-line growth, with Q1 sales reaching $1,659.3 million, surpassing the IBES estimate of $1,618 million. The company's adjusted net income for the quarter stood at $103 million, considerably higher than the $81 million analysts had projected.

Lamb Weston's profitability metrics also showed remarkable strength. The company reported an adjusted EBITDA of $302.2 million, significantly beating the IBES estimate of $250.1 million. This strong financial performance demonstrates Lamb Weston's ability to manage costs effectively while driving sales growth. Furthermore, the company reaffirmed its fiscal year 2026 outlook, projecting full-year sales in the range of $6,350-6,550 million, which suggests continued confidence in its growth trajectory despite broader economic uncertainties.