Smith & Nephew FY Adj EPS $0.83 Up From $0.82 YoY, Sales $5.55B Up From $5.21B YoY
Portfolio Pulse from Benzinga Newsdesk
Smith & Nephew reported a slight increase in FY adjusted EPS to $0.83 from $0.82 YoY and a 6.4% increase in sales to $5.55B from $5.21B YoY.
February 27, 2024 | 9:59 am
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Smith & Nephew reported a year-over-year increase in FY adjusted EPS to $0.83 from $0.82 and a 6.4% increase in sales to $5.55B from $5.21B.
The reported increase in both earnings per share and sales indicates a positive performance for Smith & Nephew, likely leading to a positive short-term impact on its stock price. The growth in sales and slight increase in EPS suggest operational efficiency and market growth, which are positive signals for investors.
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