Vera Bradley Reiterates FY24 Revenue Guidance Of $490M to $510M Vs Consensus Of $500.75M, Raises EPS Outlook To $0.57 to $0.67 (From $0.40 to $0.50) Vs Consensus Of $0.43
Portfolio Pulse from Benzinga Newsdesk
Vera Bradley reiterates its FY24 revenue guidance of $490M to $510M, in line with the consensus of $500.75M, and raises its EPS outlook to $0.57 to $0.67 from the previous $0.40 to $0.50, beating the consensus of $0.43.
June 07, 2023 | 12:09 pm
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Vera Bradley's updated EPS outlook for FY24 is higher than consensus estimates, which may positively impact its stock price.
Vera Bradley has raised its EPS outlook for FY24 to $0.57 to $0.67, which is higher than the consensus estimate of $0.43. This positive news may lead to an increase in the stock price as it indicates better-than-expected earnings performance.
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