Genesis Energy Expects Adjusted EBITDA Of $680M-$740M In FY24
Portfolio Pulse from Benzinga Newsdesk
Genesis Energy forecasts its adjusted EBITDA for the fiscal year 2024 to be in the range of $680 million to $740 million.
February 15, 2024 | 11:04 am
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POSITIVE IMPACT
Genesis Energy expects its adjusted EBITDA for FY24 to range from $680 million to $740 million.
The announcement of an expected increase in adjusted EBITDA for the fiscal year 2024 suggests a positive outlook for Genesis Energy's financial performance. This projection could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100