Ansys Expects Q3 Adj EPS Of $1.18-$1.31 (Consensus $1.91), Revenue Of $453.7M-$473.7M (Consensus $525.25M)
Portfolio Pulse from Benzinga Newsdesk
Ansys has provided its Q3 guidance, expecting adjusted EPS of $1.18-$1.31, which is below the consensus estimate of $1.91. The company also expects revenue of $453.7M-$473.7M, lower than the consensus estimate of $525.25M.
August 04, 2023 | 12:31 pm
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NEGATIVE IMPACT
Ansys' Q3 guidance is lower than consensus estimates, which could negatively impact its stock price in the short term.
Ansys' Q3 guidance is significantly lower than the consensus estimates. This could lead to a negative sentiment among investors, potentially causing a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100