Potato products company Lamb Weston (NYSE:LW) will be announcing earnings results tomorrow before market hours. Here’s what you need to know.

Lamb Weston missed analysts’ revenue expectations by 4.3% last quarter, reporting revenues of $1.60 billion, down 7.6% year on year. It was a disappointing quarter for the company, with full-year revenue guidance missing analysts’ expectations.

Is Lamb Weston a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Lamb Weston’s revenue to grow 1.9% year on year to $1.49 billion, slowing from the 16.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.87 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Lamb Weston has missed Wall Street’s revenue estimates six times over the last two years.

Looking at Lamb Weston’s peers in the consumer staples segment, some have already reported their Q1 results, giving us a hint as to what we can expect. General Mills’s revenues decreased 5% year on year, missing analysts’ expectations by 2.4%, and McCormick reported flat revenue, falling short of estimates by 0.6%. General Mills traded down 3.6% following the results, while McCormick’s stock price was unchanged.

Read our full analysis of General Mills’s results here and McCormick’s results here.

Investors in the consumer staples segment have had steady hands going into earnings, with share prices flat over the last month. Lamb Weston is up 7.3% during the same time and is heading into earnings with an average analyst price target of $66.72 (compared to the current share price of $53.40).

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