Five Below Sees Q1 2024 EPS $0.58-$0.69; Revenue $826M-$846M
Portfolio Pulse from Benzinga Newsdesk
Five Below projects its Q1 2024 earnings per share (EPS) to be between $0.58 and $0.69, with revenue expectations ranging from $826 million to $846 million.
March 20, 2024 | 8:11 pm
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Five Below anticipates its Q1 2024 EPS to be in the range of $0.58 to $0.69, with projected revenues of $826M to $846M.
The announcement of expected earnings per share (EPS) and revenue targets for Q1 2024 by Five Below is a direct indicator of the company's financial health and future performance. Positive guidance like this can lead to increased investor confidence and potentially drive the stock price up in the short term, as it suggests that the company is optimistic about its future performance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100