Sep. 9 at 1:13 PM
$REZI The elimination of the
$140 million annual payment, offset by ~
$59.5–71.4 million in new interest expense, is expected to boost Resideo’s adjusted EPS by approximately
$0.37–0.44 per year, based on 146 million diluted shares. This accretion enhances Resideo’s financial position and supports its strategic initiatives, like the ADI spin-off.