Revvity Forecasts 2024 Revenue Of $2.79B-$2.85B And Adjusted EPS Of $4.55-$4.75 Versus Consensus Of $2.77B And $4.60, Respectively
Portfolio Pulse from Benzinga Newsdesk
Revvity forecasts its 2024 revenue to be between $2.79B-$2.85B and adjusted EPS to be between $4.55-$4.75, surpassing the consensus estimates of $2.77B in revenue and $4.60 in adjusted EPS.
February 01, 2024 | 11:04 am
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POSITIVE IMPACT
Revvity's 2024 revenue and EPS forecasts exceed consensus estimates, indicating potential growth and financial strength.
Revvity's forecast surpassing consensus estimates suggests confidence in its business operations and growth trajectory. This positive outlook is likely to instill investor confidence, potentially leading to an uptick in stock price in the short term as the market reacts to the optimistic projections.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100