Gildan Activewear Reconfirms FY24 Adj. EPS $2.92-$3.07 Vs $2.96 Est.
Portfolio Pulse from Benzinga Newsdesk
Gildan Activewear has reaffirmed its adjusted earnings per share (EPS) forecast for fiscal year 2024 to be in the range of $2.92 to $3.07, aligning closely with the analyst estimate of $2.96.
May 01, 2024 | 9:10 pm
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Gildan Activewear reaffirms its FY24 adjusted EPS guidance, indicating confidence in its financial outlook and operational stability.
Reaffirming its EPS guidance, especially when it aligns with analyst expectations, suggests Gildan Activewear is on track to meet or potentially exceed its financial targets. This could instill confidence among investors, potentially leading to a positive short-term impact on its stock price.
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