Vista Outdoor shares are trading higher after the company reported better-than-expected Q1 EPS results and reaffirmed FY24 revenue guidance.
Portfolio Pulse from Bill Haddad
Vista Outdoor reported better-than-expected Q1 EPS results and reaffirmed its FY24 revenue guidance, leading to a rise in its share prices.
July 27, 2023 | 6:26 pm
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Vista Outdoor's better-than-expected Q1 EPS results and reaffirmed FY24 revenue guidance have led to a rise in its share prices.
Vista Outdoor's shares are trading higher due to the company's strong Q1 EPS results, which exceeded market expectations. Additionally, the company reaffirmed its FY24 revenue guidance, which likely reassured investors about its future performance, leading to increased demand for its shares.
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