Owens & Minor Forecasts 2024 Revenue Of $10.5B-$10.9B Versus Consensus Of $10.69B
Portfolio Pulse from Benzinga Newsdesk
Owens & Minor projects its 2024 revenue to be between $10.5 billion and $10.9 billion, which brackets the consensus estimate of $10.69 billion.
February 20, 2024 | 11:34 am
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Owens & Minor forecasts its 2024 revenue to be in the range of $10.5B-$10.9B, surrounding the consensus estimate of $10.69B.
Owens & Minor's revenue forecast for 2024 suggests a positive outlook, closely aligning with or slightly surpassing analyst expectations. This alignment indicates management's confidence in the company's growth trajectory and operational efficiency. Given that the forecast brackets the consensus estimate, it may instill investor confidence and potentially lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90