S&W Seed Expects FY24 Revenue To Be Within $76M-$82M (Consensus: $95.25M), Representing Expected Increase Of 3%-12% YoY
Portfolio Pulse from Benzinga Newsdesk
S&W Seed Company has projected its FY24 revenue to be within the range of $76M-$82M, which is below the consensus estimate of $95.25M. This represents an expected increase of 3%-12% YoY.
September 27, 2023 | 12:08 pm
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NEGATIVE IMPACT
S&W Seed's projected FY24 revenue is lower than consensus estimates, indicating potential financial underperformance.
S&W Seed's projected revenue for FY24 is significantly lower than the consensus estimate. This suggests that the company may underperform financially, which could negatively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100