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Wolverine World Wide Reaffirms FY23 Outlook - Update
(RTTNews) - While reporting financial results for the first quarter on Wednesday, Wolverine World Wide, Inc. (WWW) reaffirmed its earnings, adjusted earnings and revenue guidance for the full year 2023.
For fiscal 2023, the company continues to project earnings in the range of $1.50 to $1.70 per share and adjusted earnings in a range of $1.40 to $1.60 per share on revenues from our ongoing business between $2.53 billion and $2.58 billion.
On average, analysts polled by Thomson Reuters expect the company to report earnings of $1.46 per share on revenues of $2.55 billion for the year. Analysts' estimates typically exclude special items.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
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Thai Stock Market Tipped To Open In The Green
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Australian Market Slightly Lower
The Australian stock market is trading slightly lower on Friday, giving up some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.
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Hong Kong Shares May Stop The Bleeding On Friday
The Hong Kong stock market has finished lower in three straight sessions, tumbling almost 830 points or 3.3 percent along the way. The Hang Seng Index now rests just beneath the 25,000-point plateau although it may find traction on Friday.
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