American Financial Group Sees FY23 EPS $10.15-$11.15 Vs $11-$12 Prior Vs $11.68 Est.
Portfolio Pulse from Benzinga Newsdesk
American Financial Group has revised its FY23 EPS forecast to $10.15-$11.15, down from the previous estimate of $11-$12, and below the estimated $11.68.
August 04, 2023 | 12:23 pm
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NEGATIVE IMPACT
American Financial Group's revised FY23 EPS forecast is lower than the previous and estimated figures, which could negatively impact the stock price.
American Financial Group's downward revision of its FY23 EPS forecast could be seen as a negative signal by investors, potentially leading to a decrease in the stock price. The new forecast is not only lower than the previous one, but also below the estimated figure, which could further impact investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100