Janus Sees FY24 Revenue $1.092B-$1.125B Vs $1.13B Estimate
Portfolio Pulse from Benzinga Newsdesk
Janus projects its FY24 revenue to be between $1.092 billion and $1.125 billion, slightly below the analyst estimate of $1.13 billion.
February 28, 2024 | 12:16 pm
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Janus anticipates FY24 revenue to fall short of analyst expectations, projecting between $1.092 billion and $1.125 billion versus the $1.13 billion estimate.
Janus's projected revenue for FY24 being slightly below analyst expectations could lead to a negative short-term impact on its stock price. Investors often react to such forecasts by adjusting their expectations and potentially reducing their holdings, leading to a decrease in stock price.
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