Kenvue Inc. (KVUE) Tops Q4 EPS by 3c; offers guidance

Kenvue Inc. (NYSE: KVUE) reported Q4 EPS of $0.31, $0.03 better than the analyst estimate of $0.28. Revenue for the quarter came in at $3.7 billion versus the consensus estimate of $3.8 billion.

GUIDANCE:

Kenvue Inc. sees FY2024 EPS of $1.10-$1.20, versus the consensus of $1.26.

Kenvue expects full year 2024 reported Net sales growth to be in the range of 1.0% to 3.0%. Foreign exchange is expected to be a headwind of approximately one percentage point to reported Net sales growth. The Company expects full year 2024 Organic growth in the range of 2.0% to 4.0% with Organic growth sequentially improving as the year progresses as prior year comparisons ease and the impact of 2024 strategic priorities take hold.

For earnings history and earnings-related data on Kenvue Inc. (KVUE) click here.

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