IFC International Sees FY23 EPS $6.40-$6.50 Vs $6.30 Est; Revenue $1.950B-$1.980B Vs $1.98B Est.
Portfolio Pulse from Benzinga Newsdesk
IFC International has updated its FY23 guidance, expecting EPS of $6.40-$6.50 and revenue of $1.950B-$1.980B. The company's strong performance is attributed to growth markets such as utility consulting, disaster management, IT modernization/digital transformation, and climate, environment, and infrastructure services. The company also highlighted its recent recognitions, including being named one of America's Best Employers for Women by Forbes.
November 02, 2023 | 8:45 pm
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IFC International has raised its FY23 guidance, which could lead to increased investor confidence and potential positive impact on the stock price.
IFC International's raised guidance for FY23 indicates strong performance and growth in key markets. This positive outlook could increase investor confidence, potentially leading to a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100