Energizer Holdings Expects Q2 Adjusted EPS Of $0.65-$0.70 Vs. $0.71 Estimate, Expects Oganic Revenue To Be Down 2%-3%
Portfolio Pulse from Benzinga Newsdesk
Energizer Holdings has provided guidance for its Q2 adjusted EPS to be in the range of $0.65-$0.70, which is below the analyst estimate of $0.71. Additionally, the company expects its organic revenue to decrease by 2%-3%.
February 06, 2024 | 12:05 pm
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Energizer Holdings expects its Q2 adjusted EPS to be below analyst estimates and anticipates a 2%-3% drop in organic revenue.
The company's guidance for its Q2 adjusted EPS to be below the analyst estimate and the expected decrease in organic revenue are likely to negatively impact investor sentiment and the stock price in the short term. Lower than expected earnings and declining revenue growth are typically seen as negative indicators by the market.
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