Owens & Minor Forecasts 2024 Adjusted EPS Of $1.40-$1.70 Versus Consensus Of $1.57
Portfolio Pulse from Benzinga Newsdesk
Owens & Minor, identified by its ticker OMI, has projected its adjusted earnings per share (EPS) for the year 2024 to be in the range of $1.40 to $1.70. This forecast is compared against a consensus estimate of $1.57.
February 20, 2024 | 11:35 am
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Owens & Minor projects its 2024 adjusted EPS to range from $1.40 to $1.70, surrounding the consensus estimate of $1.57.
Owens & Minor's EPS forecast for 2024 suggests a performance that could either exceed or meet market expectations, based on the consensus estimate. This projection indicates a level of confidence in the company's future performance but also introduces a range of uncertainty. Given the forecast straddles the consensus, the immediate market reaction may be neutral, as the guidance does not strongly deviate in either direction from market expectations. However, investor sentiment could shift as more details emerge or as the forecast period approaches, making the exact impact on the stock price more uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100