Energizer Holdings Sees Q1 Adjusted EPS Of $0.50-$0.60 Vs. $0.86 Estimate, Expects Q1 Organic Revenue Is Expected To Be Down 6%-8%
Portfolio Pulse from Benzinga Newsdesk
Energizer Holdings has provided guidance for its Q1 adjusted EPS to be between $0.50 and $0.60, which is below the estimated $0.86. The company also expects its Q1 organic revenue to decrease by 6%-8%.
November 14, 2023 | 12:14 pm
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Energizer Holdings anticipates a lower Q1 adjusted EPS of $0.50-$0.60 compared to the $0.86 estimate and a decline in organic revenue by 6%-8%.
The projected EPS is significantly below the analyst estimate, which typically leads to negative investor sentiment and could result in a decrease in stock price. The expected drop in organic revenue further supports the likelihood of a negative short-term impact on the stock.
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