Northwest Natural Sees EPS For FY24 Of $2.20-$2.40 Vs. $2.75 Est.
Portfolio Pulse from Benzinga Newsdesk
Northwest Natural has projected its earnings per share (EPS) for fiscal year 2024 to be in the range of $2.20 to $2.40, which is below the estimated $2.75.
February 23, 2024 | 11:09 am
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NEGATIVE IMPACT
Northwest Natural's projected EPS for FY24 is significantly lower than the estimated $2.75, indicating potential challenges ahead.
The projected EPS being significantly lower than the estimated value suggests that Northwest Natural may face financial or operational challenges in FY24. This discrepancy can lead to negative investor sentiment and potentially decrease the stock price in the short term.
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IMPORTANCE 90
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