Energizer Holdings Sees FY24 Adjusted EBITDA Of $610M-$620M With Adjusted Earnings Per Share Of $3.20-$3.30 Vs. $3.2 Estimate; Company Sees Q4 Adjusted Earnings Per Share To Be In The Range Of $1.10-$1.20 Vs. $1.23 Estimate
Portfolio Pulse from Benzinga Newsdesk
Energizer Holdings has provided its financial outlook for FY24, expecting adjusted EBITDA between $610M-$620M and adjusted EPS of $3.20-$3.30, slightly above the $3.20 estimate. However, the company anticipates Q4 adjusted EPS to be in the range of $1.10-$1.20, below the $1.23 estimate.
August 06, 2024 | 11:11 am
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Energizer Holdings projects FY24 adjusted EBITDA of $610M-$620M and EPS of $3.20-$3.30, slightly above estimates. However, Q4 adjusted EPS is expected to be $1.10-$1.20, below the $1.23 estimate.
The FY24 guidance is slightly positive as it exceeds the EPS estimate, but the Q4 guidance is negative as it falls short of expectations. This mixed outlook may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100