Shutterstock Raises FY23 EPS Guidance From $4.00-$4.17 To $4.18-$4.30 Vs. $4.19 Est.
Portfolio Pulse from Benzinga Newsdesk
Shutterstock has increased its FY23 revenue guidance from $4.00 - $4.17 to $4.18 - $4.30, which is above the estimated $4.19.
October 31, 2023 | 11:10 am
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POSITIVE IMPACT
Shutterstock's raised FY23 revenue guidance could potentially lead to a positive impact on its stock price.
Shutterstock's raised revenue guidance for FY23 indicates a positive outlook for the company's future performance. This could potentially lead to increased investor confidence and a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100