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BIRK Birkenstock Holding News Story

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Consumer CyclicalsAdventurousLarge CapNeutral

Birkenstock down after annual profit forecast falls short of estimates

** Shares of Birkenstock BIRK.N down 5.1% at $44 premarket after co forecasts annual profit below estimates

** Co said it expects adj EPS between 1.90 and 2.05 euros, compared with expectations of 2.08 euros

** Co posted quarterly revenue of 526.3 million euros ($616.88 million), above analysts' est. of 522.6 million euros - data compiled by LSEG

** 17 of 19 analysts rate stock "buy" or higher, two rate it "hold"; median PT at $70 - data compiled by LSEG

** BIRK down 18.1% YTD, as of last close

($1 = 0.8532 euros)

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))

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