Sees FY23 revenue $8.4B, consensus $8.6B. The company said, "The Company announced its fiscal 2023 diluted earnings per share estimate in the range of $5.50 on projected net sales in the range of $8.4 billion. These estimates reflect operating income in the range of $530 million. This guidance includes an impact of approximately $0.80 per share related to inventive compensation costs returning to typical levels and increased new product development investment of approximately $0.30 per share."
Published first on TheFly
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