Advanced Drainage Systems Confirms FY24 Financial Targets; Net Sales To Be $2.60B-$2.80B, Est. $2.74B
Portfolio Pulse from Benzinga Newsdesk
Advanced Drainage Systems has confirmed its financial targets for FY24, with net sales expected to be between $2.60 billion and $2.80 billion. The estimated net sales are $2.74 billion.
August 04, 2023 | 1:12 pm
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POSITIVE IMPACT
Advanced Drainage Systems (WMS) has confirmed its FY24 financial targets, with net sales expected to be between $2.60 billion and $2.80 billion.
The confirmation of financial targets by Advanced Drainage Systems is a positive signal to investors, indicating that the company is confident in its future performance. This could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100