Pathward Financial Reiterates FY24 GAAP EPS $6.20-$6.70; Annual Tax Rate 16%-20%
Portfolio Pulse from Benzinga Newsdesk
Pathward Financial has reaffirmed its fiscal year 2024 GAAP earnings per share (EPS) guidance to be between $6.20 and $6.70. The company also expects its annual tax rate to be between 16% and 20%.
January 24, 2024 | 9:16 pm
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Pathward Financial, trading as CASH, has reiterated its FY24 GAAP EPS guidance of $6.20-$6.70 and expects an annual tax rate of 16%-20%.
Reiterating a positive EPS guidance typically instills confidence in investors about the company's future profitability and financial stability, which can lead to a positive short-term impact on the stock price. The provided tax rate range is also within a reasonable expectation, which supports the credibility of the EPS guidance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100