Vera Bradley shares are trading higher after the company reported better-than-expected Q1 adjusted EPS results and raised FY24 EPS guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Vera Bradley reported better-than-expected Q1 adjusted EPS results and raised its FY24 EPS guidance above estimates, leading to a surge in its share prices.
June 07, 2023 | 3:33 pm
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Vera Bradley's Q1 adjusted EPS exceeded expectations and the company raised its FY24 EPS guidance, resulting in higher share prices.
Vera Bradley's better-than-expected Q1 adjusted EPS results and raised FY24 EPS guidance indicate strong financial performance, which is likely to positively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100