Halozyme Therapeutics Sees FY24 Adj. EPS $3.55-$3.90 Vs $3.51 Est.; Revenue $915M-$985M Vs $961.088M Est.
Portfolio Pulse from Benzinga Newsdesk
Halozyme Therapeutics projects its FY24 adjusted EPS to be between $3.55 and $3.90, surpassing the estimated $3.51. The company also forecasts revenue to range from $915M to $985M, which brackets the estimated $961.088M.
February 20, 2024 | 9:40 pm
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Halozyme Therapeutics projects higher-than-expected FY24 adjusted EPS and revenue, indicating strong future performance.
Halozyme Therapeutics' projection of its FY24 adjusted EPS and revenue surpassing analyst estimates suggests a positive outlook for the company's financial health and operational efficiency. This is likely to instill investor confidence and could lead to a short-term uptick in the stock price, given the better-than-expected financial guidance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100