“During fiscal Q1, we began recognizing our share of a newly formed India JV in ‘Equity in the income of investees.’ In Q3, we recognized a $50 million loss, and for Q4 we expect to incur a loss of approximately $20 million. As a result, for the full year we expect to incur a loss of approximately $200 million, primarily due to the impact of purchase accounting. All in all, we have had a great year-to-date. With three quarters behind us and what we are seeing so far in Q4, we now expect to deliver full year fiscal 2025 adjusted EPS of approximately $5.85.”
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