Fair Isaac Raises FY23 Adj. EPS Guidance From $19.45 To $19.70 vs $19.70 Est., Raises Revenue Guidance From $1.48B-$1.50B vs $1.49B Est.
Portfolio Pulse from Benzinga Newsdesk
Fair Isaac has increased its FY23 adjusted EPS guidance from $19.45 to $19.70, which is in line with estimates. The company also raised its revenue guidance from $1.48B-$1.50B to $1.49B.
August 04, 2023 | 12:17 pm
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Fair Isaac's raised FY23 EPS and revenue guidance may positively impact its stock price in the short term.
Fair Isaac's raised guidance indicates that the company expects better financial performance in FY23 than previously anticipated. This could make the company's stock more attractive to investors, potentially leading to an increase in its stock price in the short term.
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