Agiliti Sees FY23 Adj. EPS $0.54-$0.59 vs $0.65 Est., Revenue $1.16B-$1.19B vs $1.18B Est.
Portfolio Pulse from Benzinga Newsdesk
Agiliti has revised its FY23 adjusted EPS forecast to $0.54-$0.59, lower than the estimated $0.65. The company also expects its revenue to be between $1.16B-$1.19B, which is in line with the estimated $1.18B.
August 08, 2023 | 9:31 pm
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NEGATIVE IMPACT
Agiliti's lower than expected FY23 adjusted EPS forecast may negatively impact its stock price in the short term.
Agiliti's revised FY23 adjusted EPS forecast is lower than the estimated $0.65, which may disappoint investors and lead to a decrease in the stock price. However, its revenue expectations are in line with the estimate, which may mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100