Haleon Q1 2024 GAAP EPS £9.20 Beats £8.85 Estimate, Sales £2.919B Miss £2.963B Estimate
Portfolio Pulse from Benzinga Newsdesk
Haleon reported its Q1 2024 GAAP EPS at £9.20, surpassing the £8.85 estimate. However, its sales of £2.919B fell short of the £2.963B estimate.

May 01, 2024 | 9:25 am
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NEUTRAL IMPACT
Haleon's Q1 2024 earnings report showed a strong EPS performance but a slight miss in sales expectations.
The positive EPS beat indicates strong profitability, which could bolster investor confidence in Haleon's financial health. However, the slight miss in sales forecasts may temper enthusiasm, suggesting a balanced short-term impact on the stock price. The overall market reaction could be neutral as investors weigh the mixed results.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100