Northwest Natural reaffirmed EPS Guidance For FY24 Of $2.20-$2.40 Vs. $2.76 Est.
Portfolio Pulse from Benzinga Newsdesk
Northwest Natural has reaffirmed its earnings per share (EPS) guidance for the fiscal year 2024, projecting it to be in the range of $2.20 to $2.40, which is below the estimated $2.76.
May 06, 2024 | 10:03 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Northwest Natural reaffirmed its FY24 EPS guidance at $2.20-$2.40, below the analyst estimate of $2.76.
Reaffirming an EPS guidance below market expectations can lead to negative investor sentiment and potentially lower stock prices in the short term as it may indicate that the company's financial performance might not meet analyst forecasts.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100