Model N Sees Q4 Adj. EPS $0.28-$0.31 vs $0.27 Est., Revenues $61.6M-$62.6M vs $61.57M Est.
Portfolio Pulse from Benzinga Newsdesk
Model N (MODN) has projected its Q4 adjusted EPS to be between $0.28 and $0.31, which is higher than the estimated $0.27. The company also expects its revenues to be between $61.6M and $62.6M, slightly above the estimated $61.57M.
August 08, 2023 | 9:44 pm
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POSITIVE IMPACT
Model N's Q4 adjusted EPS and revenue projections are higher than estimates, which could potentially lead to a positive market reaction.
Model N's higher than expected Q4 projections indicate strong performance, which is typically well received by investors and can lead to an increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100