Flowers Floods Sees FY23 Adj. EPS $1.15-$1.25 vs $1.25 Est., Sales $5.086B-$5.141B vs $5.18B Est.
Portfolio Pulse from Benzinga Newsdesk
Flowers Foods forecasts FY23 adjusted EPS of $1.15-$1.25, lower than the estimated $1.25, and sales of $5.086B-$5.141B, below the estimated $5.18B.
May 18, 2023 | 8:13 pm
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Flowers Foods' FY23 adjusted EPS and sales forecasts are lower than expected, potentially impacting its stock price.
Flowers Foods' lower-than-expected FY23 adjusted EPS and sales forecasts may lead to a negative sentiment among investors, potentially causing a short-term decline in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100