Shift4 Sees Q4 Gross Revenue $741M-$766M vs $778.28M Est.
Portfolio Pulse from Benzinga Newsdesk
Shift4 Payments, Inc. (FOUR) has projected its Q4 gross revenue to be between $741M and $766M, which is lower than the estimated $778.28M.
November 08, 2023 | 12:03 pm
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NEGATIVE IMPACT
Shift4 Payments' lower than expected Q4 gross revenue projection may negatively impact its stock price.
Shift4 Payments' Q4 gross revenue projection is lower than the estimated $778.28M. This shortfall could lead to a negative sentiment among investors, potentially driving the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100