Holley Raises FY23 Revenue Outlook From $625M - $675M To $635M - $675M Vs. $659.07M Est.
Portfolio Pulse from Benzinga Newsdesk
Holley has increased its revenue outlook for FY23 from $625M-$675M to $635M-$675M, compared to the estimated $659.07M.
August 10, 2023 | 11:35 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Holley's revised FY23 revenue outlook is higher than the previous range and also above the estimated $659.07M, which could positively impact its stock.
Holley's revised revenue outlook for FY23 is higher than the previous range and also surpasses the estimated $659.07M. This indicates a positive financial performance, which could lead to an increase in investor confidence and potentially a rise in the stock price of HLLY in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100