Edgewell Personal Care Sees FY23 Adjusted EPS At High End Of $2.30-$2.50 Range, Vs Consensus Of $0.81 (Prior View: $2.30-$2.50)
Portfolio Pulse from Benzinga Newsdesk
Edgewell Personal Care (EPC) has updated its FY23 forecast, expecting adjusted EPS at the high end of the $2.30-$2.50 range, significantly above the consensus of $0.81. The company also anticipates net sales to increase slightly above the mid-point of the 2% to 4% range. Adjusted EBITDA is expected to be slightly above the high end of the $320 million-$335 million range.
August 04, 2023 | 12:45 pm
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Edgewell Personal Care's updated FY23 forecast is significantly higher than the consensus, indicating strong performance. This could lead to a positive impact on the company's stock price in the short term.
Edgewell Personal Care's updated FY23 forecast is significantly higher than the consensus, indicating strong performance. This positive news is likely to increase investor confidence in the company, potentially leading to increased demand for the stock and a rise in its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100