Phibro Animal Health Affirms 2024 Adj. EPS And Net Sales Guidance
Portfolio Pulse from Benzinga Newsdesk
Phibro Animal Health has reaffirmed its fiscal year 2024 guidance, projecting net sales between $980 million to $1.020 billion, adjusted EBITDA of $106 million to $112 million, adjusted net income of $42 million to $47 million, and an adjusted diluted EPS of $1.04 to $1.16.
February 07, 2024 | 10:21 pm
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Phibro Animal Health reaffirms its FY2024 financial guidance, indicating confidence in its future performance.
Reaffirming financial guidance often signals to investors that a company is on track to meet or exceed its financial targets, which can positively influence investor sentiment and potentially lead to an increase in stock price in the short term.
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