Kenvue (NYSE:KVUE) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$3.90b (flat on 3Q 2023).

• Net income: US$383.0m (down 13% from 3Q 2023).

• Profit margin: 9.8% (down from 11% in 3Q 2023).

• EPS: US$0.20 (down from US$0.23 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Kenvue EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 16%.

Looking ahead, revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Personal Products industry in the US.

Performance of the American Personal Products industry.

The company's shares are up 4.2% from a week ago.

Risk Analysis

We should say that we've discovered 4 warning signs for Kenvue (1 doesn't sit too well with us!) that you should be aware of before investing here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.