* Kenvue Inc is expected to show a fall in quarterly revenue when it reports results on May 7 for the period ending March 31 2024
* The Skillman New Jersey-based company is expected to report a 1.6% decrease in revenue to $3.79 billion from $3.85 billion a year ago, according to the mean estimate from 11 analysts, based on LSEG data.
* LSEG's mean analyst estimate for Kenvue Inc is for earnings of 26 cents per share.
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy," 8 "hold" and 1 "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in the last three months.
* Wall Street's median 12-month price target for Kenvue Inc is $22.00, above its last closing price of $19.12.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 0.28 0.28 0.31 Beat 10.7
Sep. 30 2023 0.31 0.31 0.31 Met -1
Jun. 30 2023 0.30 0.30 0.32 Beat 6
Jan. 1 0001 0.33 0.33 0.37 Beat 13.8
This summary was machine generated May 3 at 14:13 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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