Earlier Today, TreeHouse Foods Provided Guidance For Q4 Adjusted Net Sales Of $910M-$940M, Down Approximately 3% At The Midpoint; Consensus $1.04B
Portfolio Pulse from Benzinga Newsdesk
TreeHouse Foods has provided its Q4 guidance, expecting adjusted net sales to be between $910M and $940M, which is approximately 3% down at the midpoint. The consensus estimate was $1.04B.
November 06, 2023 | 4:25 pm
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NEGATIVE IMPACT
TreeHouse Foods' Q4 guidance is lower than the consensus estimate, which could negatively impact its stock price.
TreeHouse Foods' Q4 guidance is lower than the consensus estimate. 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