BrightView Sees FY24 Revenue Of $2.825B - $2.975B Vs. $2.91B Est.
Portfolio Pulse from Benzinga Newsdesk
BrightView Holdings, Inc. has provided a forecast for fiscal year 2024, expecting revenues to range between $2.825 billion and $2.975 billion. This projection is compared against an estimated revenue of $2.91 billion.
November 16, 2023 | 11:22 am
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BrightView Holdings, Inc. anticipates FY24 revenue to be between $2.825B and $2.975B, which brackets the current estimate of $2.91B.
BrightView's revenue forecast for FY24 is within the range of the current market estimate, suggesting that the company's performance is in line with expectations. This may not significantly change investor sentiment in the short term, as the forecast does not deviate markedly from what is already anticipated by the market. Therefore, the impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100