Wendy's Company Sees FY24 Adjusted EPS Of $0.99-$1.01 Vs. $0.99 Estimate (Prior View: $0.98-$1.02)
Portfolio Pulse from Benzinga Newsdesk
Wendy's Company has updated its FY24 adjusted EPS guidance to a range of $0.99-$1.01, aligning closely with the previous estimate of $0.99 and slightly narrowing from the prior view of $0.98-$1.02.
October 31, 2024 | 11:08 am
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Wendy's Company has revised its FY24 adjusted EPS guidance to $0.99-$1.01, which is in line with the market estimate of $0.99 and slightly narrows the previous range of $0.98-$1.02.
The updated EPS guidance is in line with market expectations, suggesting stability in Wendy's financial outlook. The slight narrowing of the range indicates a more precise forecast, but it does not significantly deviate from previous expectations or market estimates, leading to a neutral short-term impact on the stock price.
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