Central Garden & Pet Sees FY23 EPS $2.55 Vs $2.36 Est
Portfolio Pulse from Benzinga Newsdesk
Central Garden & Pet has projected its FY23 earnings per share (EPS) to be $2.55, which is higher than the estimated $2.36.
August 04, 2023 | 12:09 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Central Garden & Pet's projected FY23 EPS of $2.55 exceeds the estimated $2.36, which could positively impact the company's stock.
Earnings per share (EPS) is a key indicator of a company's profitability. A higher than expected EPS often leads to an increase in the company's stock price as it indicates better than expected performance. Therefore, Central Garden & Pet's higher than estimated EPS for FY23 could lead to a positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100