Westrock Coffee Company Reaffirms FY23 Adj EBITDA To Grow Flat To 10% YoY
Portfolio Pulse from Benzinga Newsdesk
Westrock Coffee Company has reaffirmed its FY23 adjusted EBITDA growth to be flat to 10% year-over-year.
August 09, 2023 | 8:41 pm
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NEUTRAL IMPACT
Westrock Coffee Company's reaffirmation of its FY23 adjusted EBITDA growth to be flat to 10% YoY may have a neutral to positive impact on its stock.
The reaffirmation of the EBITDA growth forecast indicates that the company is confident in its financial performance for FY23. This could be seen as a positive signal by investors, potentially leading to a neutral to positive impact on the stock price. However, the actual impact will depend on other factors such as the overall market conditions and investor sentiment towards the company.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100