Helios Technologies Cuts FY23 Non-GAAP Cash EPS Forecast From $3.95-$4.10 To $3.04-$3.12; Consensus $3.73
Portfolio Pulse from Benzinga Newsdesk
Helios Technologies has reduced its FY23 Non-GAAP Cash EPS forecast from $3.95-$4.10 to $3.04-$3.12, which is below the consensus of $3.73.
August 07, 2023 | 9:19 pm
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Helios Technologies has lowered its FY23 Non-GAAP Cash EPS forecast, which is now below the market consensus. This could negatively impact the company's stock in the short term.
Helios Technologies has reduced its earnings forecast for FY23, which is a key indicator of a company's financial health and profitability. This reduction, which is now below the market consensus, could lead to a negative sentiment among investors and potentially a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100