TreeHouse Foods Sees FY24 Revenue Of $3.43B - $3.50B Vs. $3.45B Est.
Portfolio Pulse from Benzinga Newsdesk
TreeHouse Foods projects its FY24 revenue to be in the range of $3.43B to $3.50B, which is around the analyst estimate of $3.45B.
May 06, 2024 | 11:00 am
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TreeHouse Foods expects FY24 revenue to be between $3.43B and $3.50B, closely matching the analyst's expectations of $3.45B.
TreeHouse Foods' revenue forecast for FY24 is closely aligned with analyst estimates, indicating a neutral impact on the stock price in the short term. The forecast falls within the expected range, suggesting that the company's financial outlook is in line with market expectations, which typically does not lead to significant stock price movements unless accompanied by other, more surprising news or broader market shifts.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100