LivaNova Raised FY23 Adj EPS To $2.55 to $2.75 Vs. $2.50 - $2.70 Prior, $2.59 Est.
Portfolio Pulse from Benzinga Newsdesk
LivaNova has increased its FY23 adjusted EPS guidance to $2.55 - $2.75, up from the previous $2.50 - $2.70. The new estimate surpasses the $2.59 consensus estimate.
July 26, 2023 | 10:07 am
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LivaNova's raised FY23 adjusted EPS guidance could potentially lead to a positive market reaction, as it surpasses the consensus estimate.
Companies that raise their earnings guidance typically see a positive reaction in their stock price, especially when the new guidance surpasses consensus estimates. This is because it signals stronger than expected financial performance.
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