Yext Expects FY25 Revenue Of $400M-$402M (Est $408.673M), Adj EPS Of $0.30-$0.31 (Est $0.28)
Portfolio Pulse from Benzinga Newsdesk
Yext has provided its financial outlook for FY25, expecting revenue to be between $400M-$402M, slightly below the estimated $408.673M. However, its adjusted EPS forecast of $0.30-$0.31 is above the estimated $0.28.
March 06, 2024 | 9:21 pm
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Yext's FY25 revenue forecast is slightly below market expectations, but its adjusted EPS projection is higher than anticipated.
The mixed financial outlook from Yext, with a revenue forecast slightly below expectations but an adjusted EPS above estimates, presents a neutral to slightly positive short-term impact. The lower revenue forecast could concern investors about growth prospects, while the higher EPS suggests operational efficiency or cost control. The net effect on stock price could be neutral as investors weigh these factors.
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IMPORTANCE 90
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