BorgWarner Revised FY23 Adj EPS Guidance From $3.50 to $3.85 To $3.60 to $3.80 Vs. $3.92 Est.
Portfolio Pulse from Benzinga Newsdesk
BorgWarner has revised its FY23 adjusted EPS guidance from $3.50-$3.85 to $3.60-$3.80, which is below the estimated $3.92.
November 02, 2023 | 10:40 am
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NEGATIVE IMPACT
BorgWarner's revised FY23 EPS guidance is lower than the market's expectation, which could negatively impact its stock price.
BorgWarner's revised EPS guidance for FY23 is lower than the market's expectation. This could lead to a negative sentiment among investors, potentially causing a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100