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Kenvue's Q3 earnings beat estimates but revenue missed and fell year-over-year.
Kenvue Inc. reported third-quarter earnings of $0.28 per share, slightly above estimates, but revenue of $3.76 billion fell short of expectations and declined 3.5% year-over-year.
The company, a consumer health firm spun off from Johnson & Johnson, has a market cap of $32.61 billion and a P/E ratio of 22.69.
Institutional investors own 97.64% of shares.
Thomasville National Bank reduced its stake by 94.6%, while Viking Fund Management LLC increased its holding by 36%.
Director Jeffrey C. Smith acquired 3.2 million shares, boosting his ownership to nearly 27.3 million.
Analysts project full-year 2025 earnings of $1.14, with a consensus "Hold" rating and a target price of $20.23.
Las ganancias de Kenvue en el tercer trimestre superaron las estimaciones, pero los ingresos no alcanzaron y cayeron año tras año.