Boot Barn Holdings Sees Q2 EPS $0.84-$0.90 Vs $0.86 Est; Revenue $372M-$379M Vs $365.42M Est
Portfolio Pulse from Benzinga Newsdesk
Boot Barn Holdings has projected its Q2 earnings per share (EPS) to be between $0.84 and $0.90, which is higher than the estimated $0.86. The company also expects its revenue to be between $372M and $379M, surpassing the estimated $365.42M.
August 04, 2023 | 12:21 pm
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POSITIVE IMPACT
Boot Barn Holdings' Q2 EPS and revenue forecasts exceed estimates. This positive financial outlook could potentially boost the company's stock in the short term.
Companies that report earnings or revenue forecasts that exceed estimates often see a positive reaction in their stock price as this indicates better-than-expected financial performance. Therefore, Boot Barn Holdings' stock could potentially rise in the short term.
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