Duckhorn Portfolio's FY Guidance Beats Wall Street Targets
Duckhorn Portfolio Inc.'s financial guidance for the current year beat Wall Street expectations, driving up the stock in after-hours trading.
From the Equity Insider archive. This article dates from Oct 4, 2021 and is preserved as first published.
Duckhorn Portfolio Inc.’s financial guidance for the current year beat Wall Street expectations, driving up the stock in after-hours trading.
’s financial guidance for the current year beat Wall Street expectations, driving up the stock in after-hours trading.
The company, which went public in March, expects sales for the year that ends in July to range from $353 million to $360 million, compared with $336.6 million in the most recent year, and adjusted profit to range from 54 cents to 57 cents a share.
Analysts surveyed by FactSet expect about 50 cents a share in adjusted profit and $350.7 million in sales.
