Based in Skillman, New Jersey, Kenvue Inc. (KVUE), with a market cap of $35.1 billion, is a global consumer health company serving various segments, including self-care, skin health and beauty, and essential health products. The company is slated to announce its fiscal Q2 earnings results on Thursday, July 18.
Ahead of the event, analysts are expecting KVUE to report a profit of $0.29 per share, down 9.4% from $0.32 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in each of the last four quarterly reports. The company exceeded the consensus EPS estimate by 12% in the most recent quarter, driven by effective cost-cutting measures and strategic focus on key brands.
