Helios Technologies Cuts 2023 Consolidated Revenue Forecast From $880M-$900M To $820M-$835M, Adj EPS Outlook From $3.04 $3.12 To $2.17-$2.39
Portfolio Pulse from Benzinga Newsdesk
Helios Technologies has reduced its 2023 consolidated revenue forecast from $880M-$900M to $820M-$835M. The company also lowered its adjusted EPS outlook from $3.04-$3.12 to $2.17-$2.39.
November 02, 2023 | 9:38 pm
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Helios Technologies has lowered its 2023 revenue and EPS forecasts, which could negatively impact investor sentiment and the company's stock price.
Helios Technologies has reduced its 2023 revenue and EPS forecasts. This could lead to a negative sentiment among investors, potentially causing a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100