Foot Locker Sees Q4 FY23 Adjusted EPS $0.26-$0.36 Versus Consensus Of $0.33
Portfolio Pulse from Benzinga Newsdesk
Foot Locker anticipates its Q4 FY23 adjusted EPS to be in the range of $0.26-$0.36, which brackets the consensus estimate of $0.33.
November 29, 2023 | 11:54 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Foot Locker's projected Q4 FY23 adjusted EPS range of $0.26-$0.36 is in line with the consensus estimate of $0.33, indicating the company's performance may meet market expectations.
Foot Locker's guidance for Q4 FY23 adjusted EPS suggests that the company's earnings are likely to align with analyst expectations, which typically does not lead to significant stock price movements. However, since the range includes values both below and above the consensus, the market reaction could be muted as the guidance does not strongly suggest an earnings beat or miss.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100