Enerpac Tool Group Affirms FY24 Revenue $590M-$605M Vs $603.1M Est.
Portfolio Pulse from Benzinga Newsdesk
Enerpac Tool Group has confirmed its revenue forecast for FY24 to be between $590 million and $605 million, which is in line with the estimated $603.1 million.
December 19, 2023 | 9:34 pm
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NEUTRAL IMPACT
Enerpac Tool Group has reaffirmed its FY24 revenue guidance, which aligns with analysts' expectations.
Enerpac Tool Group's confirmation of its FY24 revenue forecast is a neutral signal as it aligns with current analyst estimates, indicating no significant surprises or changes in the company's performance outlook. This may maintain investor confidence in the company's stability and future prospects.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100