Repligen Expects Fiscal Year 2024 Adjusted EPS Of $1.42 - $1.49 Versus Consensus Of $1.77
Portfolio Pulse from Benzinga Newsdesk
Repligen forecasts its adjusted EPS for fiscal year 2024 to be between $1.42 and $1.49, which is below the consensus estimate of $1.77.
February 21, 2024 | 12:36 pm
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Repligen's projected adjusted EPS for FY2024 is significantly lower than the consensus estimates, indicating potential challenges ahead.
Repligen's lower-than-expected EPS forecast for fiscal year 2024 suggests the company may face operational or market challenges that could negatively impact its stock price in the short term. Given the significant difference between the company's forecast and consensus estimates, this news is likely to be of high importance to investors and could lead to a decrease in stock price as the market adjusts to the new expectations.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100