Dana Incorporated Expects FY24 Sales Of $10.65B-$11.15B Vs Estimate: $10.98B
Portfolio Pulse from Benzinga Newsdesk
Dana Incorporated, identified by the symbol DAN, has projected its fiscal year 2024 sales to be in the range of $10.65 billion to $11.15 billion. This forecast is compared against an analyst estimate of $10.98 billion.

February 20, 2024 | 12:06 pm
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NEUTRAL IMPACT
Dana Incorporated projects FY24 sales to range between $10.65B and $11.15B, closely matching the analyst estimate of $10.98B.
Dana Incorporated's sales forecast for FY24 is closely aligned with analyst expectations, indicating a neutral impact on the stock price in the short term. The forecast falls within the expected range, suggesting that the company's performance is in line with market predictions. This alignment typically does not lead to significant stock price movements unless accompanied by other, more influential news or events.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100