Despegar.com Raises Lower End Of Its 2023 Annual Guidance; Revises Revenue From $640M-$700M To $670M-$700M
Portfolio Pulse from Benzinga Newsdesk
Despegar.com has raised the lower end of its 2023 annual guidance, revising its revenue forecast from $640M-$700M to $670M-$700M.
November 09, 2023 | 10:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Despegar.com's upward revision of its 2023 revenue guidance may positively impact its stock in the short term.
Despegar.com's decision to raise the lower end of its 2023 revenue guidance indicates a positive outlook for the company's financial performance. This could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100