|Bid||6,140.00 x N/A|
|Ask||6,144.00 x N/A|
|Day's range||5,972.00 - 6,172.00|
|52-week range||5,400.00 - 6,824.00|
|Beta (5Y monthly)||0.17|
|PE ratio (TTM)||36.93|
|Earnings date||01 Mar 2023|
|Forward dividend & yield||1.75 (3.05%)|
|Ex-dividend date||04 Aug 2022|
|1y target est||6,965.88|
Reckitt Benckiser, maker of Dettol and Lysol cleaning products, on Wednesday marginally beat full-year like-for-like net revenue expectations, helped by higher prices and its nutrition and health businesses. The company said it would target like-for-like net revenue growth of mid-single digits for 2023, excluding the substantial boost its 2022 sales received from the recall of a rival's infant formula. Abbott Laboratories early last year recalled dozens of infant nutrition products in the United States after customers complained of infants contracting bacterial infections.
Yahoo Finance health care reporter Anjalee Khemlani shares the latest on the ongoing baby formula shortage and how it may extend into spring 2023.