Willdan Group Expects FY24 Net Revenue Of $270M-$280M (Est $267.215M), Adjusted EPS Of $1.80-$1.87 (Est $1.51)
Portfolio Pulse from Benzinga Newsdesk
Willdan Group projects its FY24 net revenue to be between $270M-$280M, surpassing the estimated $267.215M. Additionally, the company anticipates its adjusted EPS to range from $1.80-$1.87, exceeding the estimated $1.51.
March 07, 2024 | 10:10 pm
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Willdan Group expects FY24 net revenue of $270M-$280M and adjusted EPS of $1.80-$1.87, both above analyst estimates.
Willdan Group's projection of higher-than-expected net revenue and adjusted EPS for FY24 suggests a positive outlook for the company's financial performance. This is likely to be viewed favorably by investors, potentially leading to an increase in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100