Amaresco Sees FY23 Non-GAAP EPS $1.15-$1.25 vs $1.81 Est., Revenue $1.315B-$1.370B vs $1.53B Est.
Portfolio Pulse from Benzinga Newsdesk
Amaresco has provided its FY23 guidance, expecting Non-GAAP EPS to be between $1.15 and $1.25, which is lower than the estimated $1.81. The company also anticipates revenue to be between $1.315B and $1.370B, lower than the estimated $1.53B.
November 06, 2023 | 10:09 pm
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Amaresco's FY23 guidance is lower than estimates, which could negatively impact the company's stock price in the short term.
Amaresco's lower than expected FY23 guidance indicates potential challenges in the company's future performance. This could lead to a decrease in investor confidence and a potential drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100