H.B. Fuller Sees FY24 Adj. EPS $4.10-$4.20 Vs 4.37 Est.
Portfolio Pulse from Benzinga Newsdesk
H.B. Fuller has announced its fiscal year 2024 adjusted earnings per share (EPS) guidance to be between $4.10 and $4.20, which is below the analyst estimate of $4.37.
September 25, 2024 | 8:07 pm
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NEGATIVE IMPACT
H.B. Fuller has provided a lower-than-expected EPS guidance for FY24, projecting $4.10-$4.20 compared to the analyst estimate of $4.37. This may lead to a negative market reaction.
The company's guidance for FY24 EPS is below analyst expectations, which typically results in a negative reaction from investors as it suggests potential challenges in meeting market expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100