Leslie's shares are trading lower after the company issued preliminary Q3 financial results below estimates and cut its FY24 guidance.
Portfolio Pulse from Benzinga Newsdesk
Leslie's shares are trading lower after the company issued preliminary Q3 financial results below estimates and cut its FY24 guidance.
July 18, 2024 | 10:17 am
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NEGATIVE IMPACT
Leslie's shares are trading lower due to preliminary Q3 financial results falling below estimates and a reduction in FY24 guidance.
The company's preliminary Q3 financial results being below estimates and the cut in FY24 guidance are likely to negatively impact investor sentiment and lead to a short-term decline in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100