Builders FirstSource Sees FY24 Revenue $17.5B-$18.5B Vs $17.72B Estimate
Portfolio Pulse from Benzinga Newsdesk
Builders FirstSource projects its FY24 revenue to be between $17.5 billion and $18.5 billion, which is around the current analyst estimate of $17.72 billion.
February 22, 2024 | 12:07 pm
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POSITIVE IMPACT
Builders FirstSource's FY24 revenue projection aligns closely with analyst expectations, indicating stable future performance.
The revenue forecast by Builders FirstSource for FY24 is in line with analyst estimates, which could lead to positive investor sentiment and potentially increase the stock price in the short term. The close alignment with expectations suggests that the company is performing as anticipated, reducing uncertainty and potentially bolstering investor confidence.
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