Ecovyst Cuts FY23 Revenue From $730M-$760M To $685M-$715M Vs $762.19M Est
Portfolio Pulse from Benzinga Newsdesk
Ecovyst has reduced its FY23 revenue forecast from $730M-$760M to $685M-$715M, which is below the estimated $762.19M.
August 04, 2023 | 1:12 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Ecovyst's lowered revenue forecast for FY23 is below the estimated $762.19M, which could negatively impact investor sentiment.
Ecovyst has lowered its revenue forecast for FY23, which is now below the estimated $762.19M. 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