Kenvue Inc. is set to announce its fourth-quarter results, with investor attention focused more on its impending $48.7 billion acquisition by Kimberly-Clark than its operational performance. Analysts expect EPS of $0.33 and revenue of $4.11 billion, showing sequential improvements. However, with the merger approved by shareholders and the stock trading near the implied deal value, quarterly results are unlikely to significantly impact the stock price, as the company will not host a conference call due to the pending transaction.
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Kenvue earnings on deck as Kimberly-Clark merger looms
Kenvue Inc. is set to announce its fourth-quarter results, with investor attention focused more on its impending $48.7 billion acquisition by Kimberly-Clark than its operational performance. Analysts expect EPS of $0.33 and revenue of $4.11 billion, showing sequential improvements. However, with the merger approved by shareholders and the stock trading near the implied deal value, quarterly results are unlikely to significantly impact the stock price, as the company will not host a conference call due to the pending transaction.