TTEC Holdings Sees FY24 Adj. EPS $1.15-$1.86 Vs $2.21 Est.; Revenue $2.275B-$2.365B Vs $2.452B Est.
Portfolio Pulse from Benzinga Newsdesk
TTEC Holdings has provided its financial outlook for FY24, projecting adjusted EPS in the range of $1.15 to $1.86, which is below the estimated $2.21. The company also forecasts revenue to be between $2.275 billion and $2.365 billion, which falls short of the expected $2.452 billion.
February 29, 2024 | 9:33 pm
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TTEC Holdings projects lower-than-expected financial results for FY24, with both adjusted EPS and revenue forecasts missing analyst estimates.
TTEC Holdings' projection of lower-than-expected earnings and revenue for FY24 is likely to negatively impact investor sentiment and the stock price in the short term. The significant deviation from analyst expectations suggests potential challenges ahead for the company, leading to a bearish outlook.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100