Post Holdings Raises FY23 EBITDA $1.18B-$1.2B; Capital Expenditures $275M-$300M
Portfolio Pulse from Benzinga Newsdesk
Post Holdings has increased its FY23 EBITDA forecast to $1.18B-$1.2B, with capital expenditures projected to be between $275M-$300M.
August 04, 2023 | 2:44 pm
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POSITIVE IMPACT
Post Holdings has revised its FY23 EBITDA upwards, indicating a positive outlook for the company's financial performance.
Post Holdings' upward revision of its FY23 EBITDA suggests that the company expects improved profitability. This could potentially lead to a positive reaction in the stock market, driving the price of POST shares up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100