Kenvue Inc. (KVUE) reported earnings for its third quarter that Increased from last year and beat the Street estimates.
The company's bottom line came in at $398 million, or $0.21 per share. This compares with $383 million, or $0.20 per share, last year.
Excluding items, Kenvue Inc. reported adjusted earnings of $538 million or $0.28 per share for the period.
Analysts on average had expected the company to earn $0.26 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 3.5% to $3.764 billion from $3.899 billion last year.
Kenvue Inc. earnings at a glance (GAAP) :
-Earnings: $398 Mln. vs. $383 Mln. last year.-EPS: $0.21 vs. $0.20 last year.-Revenue: $3.764 Bln vs. $3.899 Bln last year.
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