CORRECTION: Prestige Consumer Healthcare Raised 2024 Diluted EPS Guidance To Approximately $4.33 From Prior Guidance Of $4.27-$4.32 Versus Consensus Of $4.32
Portfolio Pulse from Benzinga Newsdesk
Prestige Consumer Healthcare has increased its 2024 diluted EPS guidance to approximately $4.33, up from the previous range of $4.27-$4.32, surpassing the consensus estimate of $4.32.
February 08, 2024 | 4:43 pm
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Prestige Consumer Healthcare has revised its 2024 diluted EPS guidance upwards to about $4.33, exceeding the consensus expectations.
Raising EPS guidance typically signals a company's confidence in its future earnings potential, often leading to positive investor sentiment and potentially a rise in stock price. Since PBH's new guidance exceeds the consensus estimate, this update is likely to be viewed positively by the market, suggesting a potential short-term uptick in PBH's stock price.
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