Target Hospitality Sees FY24 Total Revenue Between $410M-$425M Vs. $409.67M Estimate; Projects FY24 Adjusted EBITDA Between $195M-$210M
Portfolio Pulse from Benzinga Newsdesk
Target Hospitality forecasts its FY24 total revenue to be in the range of $410M-$425M, surpassing the $409.67M estimate. The company also projects its FY24 Adjusted EBITDA to be between $195M-$210M.
March 13, 2024 | 10:54 am
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Target Hospitality projects higher FY24 revenue and Adjusted EBITDA, indicating strong future performance.
The projection of higher FY24 revenue and Adjusted EBITDA by Target Hospitality suggests confidence in the company's future performance and operational efficiency. This positive outlook is likely to influence investor sentiment positively, potentially leading to an increase in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100