Manhattan Associates Sees FY23 Revenue $886M-$894M Vs $862.71M Est; Sees Adj. EPS $3.07-$3.11 Vs $2.88 Est
Portfolio Pulse from Benzinga Newsdesk
Manhattan Associates has projected its FY23 revenue to be between $886M-$894M, which is higher than the estimated $862.71M. The company also anticipates its adjusted EPS to be $3.07-$3.11, surpassing the estimated $2.88.
July 25, 2023 | 8:40 pm
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POSITIVE IMPACT
Manhattan Associates' higher than expected FY23 revenue and adjusted EPS forecasts could positively impact its stock price.
Manhattan Associates has projected higher than expected revenue and adjusted EPS for FY23. This positive financial outlook could increase investor confidence and drive up the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100