Edgewell Personal Care Reiterates Fiscal Year 2024 Financial Outlook Of 1%-3% Reported Net Sales Growth, Adjusted EPS In The Range Of $2.65-$2.85 Vs. $2.74 Estimate
Portfolio Pulse from Benzinga Newsdesk
Edgewell Personal Care (EPC) has reaffirmed its financial outlook for fiscal year 2024, projecting a reported net sales growth of 1%-3% and an adjusted EPS in the range of $2.65-$2.85, compared to the $2.74 estimate.
February 07, 2024 | 11:12 am
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Edgewell Personal Care has reaffirmed its FY2024 financial outlook, expecting net sales growth of 1%-3% and an adjusted EPS of $2.65-$2.85.
Reiterating a positive financial outlook, especially when it aligns closely with analyst estimates, tends to instill confidence in investors and can positively influence the stock price. The projection of steady growth in both net sales and adjusted EPS suggests that EPC is on a stable financial path, which could lead to a positive short-term impact on its stock price.
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