Merit Medical Systems Sees FY24 Adj. EPS $3.28-$3.35 Vs $3.32 Est.; Revenue $1.312B-$1.325B Vs $1.328B Est.
Portfolio Pulse from Benzinga Newsdesk
Merit Medical Systems projects its FY24 adjusted EPS to be between $3.28 and $3.35, slightly below the estimated $3.32. The company also forecasts revenue to range from $1.312 billion to $1.325 billion, which is slightly below the estimated $1.328 billion.
February 28, 2024 | 9:21 pm
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Merit Medical Systems forecasts a FY24 adjusted EPS of $3.28-$3.35, below the $3.32 estimate, and revenue of $1.312B-$1.325B, under the $1.328B estimate.
Merit Medical Systems' forecasted earnings and revenue for FY24 are slightly below analyst estimates, which could lead to negative investor sentiment and potentially lower stock prices in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100