YETI Raises FY24 Adj EPS Outlook From $2.45 - $2.50 To $2.49 - $2.62 Vs. $2.49 Est.
Portfolio Pulse from Benzinga Newsdesk
YETI has updated its FY24 adjusted EPS forecast, increasing the range from $2.45 - $2.50 to $2.49 - $2.62, surpassing the estimated $2.49.
May 09, 2024 | 10:09 am
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YETI has raised its FY24 adjusted EPS outlook, now expecting earnings to be between $2.49 and $2.62, which is above the analyst estimate of $2.49.
Raising the EPS outlook typically signals confidence in future profitability, which can positively influence investor sentiment and potentially lead to a stock price increase. Since the new range exceeds the previous estimates, this update is likely to be viewed positively by the market.
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