Progyny Sees FY23 EPS $0.5-$0.53 Vs $0.47 Est; Revenue $1.075B-$1.09B Vs $1.06B Est
Portfolio Pulse from Benzinga Newsdesk
Progyny has projected its FY23 earnings per share (EPS) to be between $0.5 and $0.53, higher than the estimated $0.47. The company also expects its revenue to range from $1.075 billion to $1.09 billion, surpassing the estimated $1.06 billion.
August 04, 2023 | 2:49 pm
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POSITIVE IMPACT
Progyny's higher than expected FY23 EPS and revenue forecasts could positively impact its stock price.
Progyny's projected EPS and revenue for FY23 are both higher than the estimates. This indicates strong financial performance and could lead to increased investor confidence, potentially driving up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100