SelectQuote Expects FY24 Revenue $1.05B-$1.20B Vs $1.1B Est
Portfolio Pulse from Benzinga Newsdesk
SelectQuote has provided its fiscal year 2024 guidance, expecting revenues to range between $1.05 billion and $1.2 billion, which is in line with the estimated $1.1 billion. The company also anticipates a net loss between $50 million and $22 million, and an adjusted EBITDA between $80 million and $105 million.
September 13, 2023 | 11:34 am
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SelectQuote's FY24 guidance aligns with estimates, which could stabilize the stock in the short term. However, the expected net loss might negatively impact investor sentiment.
The company's revenue guidance aligns with estimates, which could reassure investors and stabilize the stock. However, the anticipated net loss could create some investor concern, potentially putting downward pressure on the stock.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100