eGain Corporation Sees FY24 EPS $0.33-$0.35 Vs 0.31 Est.; Revenue $96M-$98M Vs $105.25M Est.
Portfolio Pulse from Benzinga Newsdesk
eGain Corporation has projected its FY24 EPS to be between $0.33 and $0.35, which is higher than the estimated $0.31. However, the company's revenue forecast of $96M-$98M is lower than the estimated $105.25M.
September 14, 2023 | 8:09 pm
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NEUTRAL IMPACT
eGain Corporation's higher than expected EPS forecast for FY24 could positively impact its stock. However, the lower revenue forecast could offset this positive impact.
eGain's EPS forecast is higher than estimated, which could attract investors and drive the stock price up. However, the lower revenue forecast could deter some investors, potentially offsetting the positive impact of the EPS forecast.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100