Tempur Sealy Lowers FY23 Adjusted EPS Guidance To $2.50-$2.70 Vs. Prior Guidance Of $2.60-$2.80
Portfolio Pulse from Benzinga Newsdesk
Tempur Sealy has lowered its FY23 adjusted EPS guidance to $2.50-$2.70, down from the previous guidance of $2.60-$2.80.
August 04, 2023 | 12:53 pm
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Tempur Sealy's downward revision of its FY23 adjusted EPS guidance may negatively impact its stock price in the short term.
Companies' earnings guidance often influences investors' expectations and the stock price. Tempur Sealy's downward revision of its FY23 adjusted EPS guidance may lead to negative sentiment among investors, potentially causing a short-term drop in its stock price.
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