Manhattan Associates Sees FY23 Adj EPS $3.51-$3.53 Vs $3.1 Est.; Revenue $912M-$916M Vs $891.57M Est.
Portfolio Pulse from Benzinga Newsdesk
Manhattan Associates has projected its FY23 adjusted EPS to be between $3.51 and $3.53, higher than the estimated $3.1. The company also expects its revenue to be between $912M and $916M, surpassing the estimated $891.57M.
October 24, 2023 | 8:37 pm
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POSITIVE IMPACT
Manhattan Associates' FY23 adjusted EPS and revenue forecasts are higher than estimates, indicating strong future performance.
Manhattan Associates' higher than expected FY23 EPS and revenue forecasts indicate that the company is expected to perform well in the future. This positive outlook could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100