Leslie's, Inc. Reaffirms 2024 Outlook; Sees Adj. EPS $0.25-$0.33 vs $0.42 Est., Sales $1.41B-$1.47B vs $1.44B Est.
Portfolio Pulse from Benzinga Newsdesk
Leslie's, Inc. has reaffirmed its 2024 financial outlook, projecting adjusted EPS to be between $0.25 and $0.33, compared to the estimated $0.42. The company also forecasts sales to range from $1.41 billion to $1.47 billion, aligning closely with the estimated $1.44 billion.
May 08, 2024 | 9:13 pm
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Leslie's, Inc. reaffirms its 2024 outlook with adjusted EPS and sales forecasts slightly below or in line with estimates, indicating cautious optimism.
The reaffirmation of Leslie's, Inc.'s 2024 financial outlook, with adjusted EPS potentially below analyst estimates but sales in line, suggests a cautious but stable financial outlook. This could lead to a neutral short-term impact on LESL's stock price as investors digest the implications of the adjusted EPS forecast being lower than expected against a stable sales outlook.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100