HanesBrands Sees Q3 2023 Adj. EPS $0.07-$0.13 Vs $0.2 Est
Portfolio Pulse from Benzinga Newsdesk
HanesBrands has projected its Q3 2023 adjusted EPS to be between $0.07 and $0.13, which is lower than the estimated $0.2.
August 10, 2023 | 11:05 am
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NEGATIVE IMPACT
HanesBrands' lower than expected Q3 2023 adjusted EPS forecast may negatively impact its stock price.
HanesBrands' adjusted EPS for Q3 2023 is projected to be lower than the estimated $0.2. This lower than expected earnings per share forecast could lead to a decrease in investor confidence, potentially causing a drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100