Stagwell Expects 2024 Organic Net Revenue Growth Of 5%-7%, Adjusted EPS Of $0.75-$0.88 (Est $0.91)
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Stagwell forecasts a 5%-7% organic net revenue growth for 2024, with an adjusted EPS range of $0.75-$0.88, which is below the estimated $0.91.

February 27, 2024 | 12:11 pm
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Stagwell forecasts a 5%-7% organic net revenue growth for 2024, with an adjusted EPS range of $0.75-$0.88, below the estimated $0.91.
Stagwell's forecasted adjusted EPS is below the estimated $0.91, which could lead to negative investor sentiment and potentially lower stock prices in the short term. The projected organic net revenue growth, while positive, may not offset concerns over the lower-than-expected EPS.
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IMPORTANCE 90
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