Shift4 Payments Expects Gross Revenue Less Network Fees $945M-$980M (Prior $920M-$955M), Gross Revenue $2.6B-$2.7B (Prior $2.55B-$2.70B) Vs $2.63B Est
Portfolio Pulse from Benzinga Newsdesk
Shift4 Payments has revised its revenue expectations. Gross revenue less network fees is now expected to be between $945M-$980M, up from the previous estimate of $920M-$955M. The company's gross revenue is now projected to be between $2.6B-$2.7B, compared to the previous range of $2.55B-$2.70B, which is in line with the $2.63B estimate.
August 04, 2023 | 1:17 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Shift4 Payments has increased its revenue expectations, which could potentially lead to a positive impact on its stock price.
Shift4 Payments has raised its revenue expectations, which is generally a positive signal for investors. This could lead to increased investor confidence and potentially a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100