ACCO Brands Sees Q3 Adj. EPS $0.21-$0.24 vs $0.30 Est.
Portfolio Pulse from Benzinga Newsdesk
ACCO Brands has projected its Q3 adjusted EPS to be between $0.21 and $0.24, which is lower than the estimated $0.30.
August 08, 2023 | 8:35 pm
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NEGATIVE IMPACT
ACCO Brands' Q3 adjusted EPS is expected to be lower than estimated, which could negatively impact its stock price.
ACCO Brands' lower than expected Q3 adjusted EPS could indicate potential financial difficulties or lower profitability, which may lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100