MasterBrand Sees FY24 Adj. EPS $1.50-$1.62 Vs $1.66 Estimate
Portfolio Pulse from Benzinga Newsdesk
MasterBrand has revised its FY24 adjusted EPS guidance to a range of $1.50-$1.62, which is below the previous estimate of $1.66.
August 06, 2024 | 9:15 pm
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MasterBrand has lowered its FY24 adjusted EPS guidance to $1.50-$1.62, which is below the previous estimate of $1.66. This revision may indicate potential challenges in the company's financial performance.
The downward revision of the EPS guidance suggests that MasterBrand may be facing financial challenges or lower-than-expected performance. This is likely to negatively impact investor sentiment and the stock price in the short term.
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