NetScout Sees FY24 Adj. EPS $2.15-$2.20 Vs $2.10 Estimate
Portfolio Pulse from Benzinga Newsdesk
NetScout Systems, Inc. has updated its FY24 adjusted EPS guidance to a range of $2.15-$2.20, which is at the higher end of its previous forecast of $2.00-$2.20. This updated guidance surpasses the analyst estimate of $2.10.
January 25, 2024 | 12:35 pm
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NetScout Systems, Inc. has raised its FY24 adjusted EPS guidance to $2.15-$2.20, exceeding the analyst consensus of $2.10.
NetScout's updated EPS guidance is above the analyst expectations, which is likely to be perceived positively by the market. This could lead to a short-term increase in the stock price as investors adjust their valuations based on the new information.
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