Kenvue shares are trading lower after the company reported Q3 financial results and lowered its FY23 adjusted EPS guidance.
Portfolio Pulse from Benzinga Newsdesk
Kenvue has reported its Q3 financial results and has lowered its FY23 adjusted EPS guidance, leading to a decrease in its share price.

October 26, 2023 | 4:16 pm
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Kenvue's shares are trading lower after the company reported its Q3 financial results and lowered its FY23 adjusted EPS guidance.
Kenvue's Q3 financial results and the lowering of its FY23 adjusted EPS guidance are likely to have a negative impact on its stock price in the short term. Investors may interpret the lowered guidance as a sign of potential future earnings weakness, which can lead to selling pressure.
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