Consider a Galton-Watson process {Z n } , the Lotka-Negaev estimator for offspring mean m is R n = Z n+1 /Z n. Let N t be a Poisson process independent of {Z n } , the continuous time process {Z Nt } is a Poisson randomly indexed branching process. We show the asymptotic distributions for {R t := R Nt }. Mathematics subject classification (2010): 60J80.