Kenvue Q3 Adj. EPS $0.31, Inline, Sales $3.92B Beat $3.91B Estimate
Portfolio Pulse from Benzinga Newsdesk
Kenvue reported Q3 earnings of $0.31 per share, meeting analyst consensus. The company's quarterly sales of $3.92 billion beat the analyst consensus estimate of $3.91 billion by 0.13 percent, marking a 3.33 percent increase over the same period last year.
October 26, 2023 | 10:31 am
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POSITIVE IMPACT
Kenvue's Q3 earnings met analyst expectations and its sales surpassed estimates, indicating a positive financial performance.
Kenvue's earnings met analyst expectations, which is a positive sign. Moreover, the company's sales exceeded estimates, which is likely to be viewed favorably by investors. This could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100