Masimo Corporation Sees FY24 Adj. EPS $3.44-$3.60 Vs $3.32 Est.; Revenue 2.045B-$2.165B Vs $2.103B Est.
Portfolio Pulse from Benzinga Newsdesk
Masimo Corporation projects its FY24 adjusted EPS to be between $3.44 and $3.60, surpassing the estimated $3.32. The company also forecasts revenue to range from $2.045 billion to $2.165 billion, which brackets the $2.103 billion estimate.
February 27, 2024 | 10:37 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Masimo Corporation projects higher-than-expected FY24 adjusted EPS and revenue, indicating strong future performance.
Masimo Corporation's projection of higher-than-expected earnings per share (EPS) and revenue for FY24 suggests the company is on a strong growth trajectory. This positive outlook is likely to instill confidence among investors, potentially leading to an increase in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100