WD-40 FY 2024 Adj. EPS $5.11 Misses $5.22 Estimate, Sales $590.600M Beat $583.376M Estimate
Portfolio Pulse from Benzinga Newsdesk
WD-40 reported FY 2024 adjusted EPS of $5.11, missing the estimate of $5.22, but sales of $590.6M beat the estimate of $583.376M.
October 17, 2024 | 8:09 pm
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NEUTRAL IMPACT
WD-40's FY 2024 earnings per share missed analyst expectations, but sales exceeded forecasts. This mixed result may lead to short-term volatility in the stock price.
The earnings per share (EPS) of $5.11 missed the consensus estimate of $5.22, which could negatively impact investor sentiment. However, the sales figure of $590.6M exceeded expectations, which is a positive sign. The mixed results may lead to short-term volatility as investors weigh the earnings miss against the sales beat.
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