Berry Sees FY24 Adj EPS Of $7.35 - $7.85 Vs. $7.28 Est.
Portfolio Pulse from Benzinga Newsdesk
Berry Global Group, Inc. forecasts its adjusted earnings per share (EPS) for fiscal year 2024 to be between $7.35 and $7.85, surpassing the estimated $7.28.
November 16, 2023 | 12:15 pm
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Berry Global Group, Inc. anticipates a higher adjusted EPS for FY24 than analysts' estimates, which could lead to positive investor sentiment.
Berry Global Group's projection of a higher adjusted EPS for FY24 than the current analyst estimates suggests the company's performance may exceed market expectations. This positive guidance is likely to instill confidence in investors and could lead to an increase in the stock price in the short term as the market reacts to the potential for higher future earnings.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100