Avanos narrows FY24 EPS view to $1.30-$1.35 from $1.30-$1.45

Consensus $1.39. Cuts FY24 revenue view to $683M-$688M from $685M-$705M, consensus $695.23M. The company said, “For the year, the Company anticipates revenue from continuing operations of between $683 million and $688 million, adjusted gross margin from continuing operations of approximately 59.0% and adjusted diluted earnings per share from continuing operations of between $1.30 and $1.35.”