Kenvue Reaffirms Its Outlook For 2024, Including Net Sales Growth Of 1.0%-3.0% (2.0%-4.0% Organic Growth), And Adjusted EPS Of $1.10-$1.20 Versus Consensus Of $1.14
Portfolio Pulse from Benzinga Newsdesk
Kenvue has reaffirmed its outlook for 2024, projecting net sales growth of 1.0%-3.0% (2.0%-4.0% organic growth) and adjusted EPS of $1.10-$1.20, which aligns with the consensus estimate of $1.14.
August 06, 2024 | 10:47 am
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Kenvue has reaffirmed its 2024 outlook, projecting net sales growth of 1.0%-3.0% (2.0%-4.0% organic growth) and adjusted EPS of $1.10-$1.20, which aligns with the consensus estimate of $1.14.
The reaffirmation of Kenvue's outlook for 2024, including net sales growth and adjusted EPS in line with consensus estimates, is likely to have a positive short-term impact on the stock price as it provides reassurance to investors about the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100