Braze shares are trading lower after the company issued soft EPS guidance for Q1 and FY25.
Portfolio Pulse from Benzinga Newsdesk
Braze shares are trading lower following the company's announcement of softer than expected earnings per share (EPS) guidance for the first quarter and the full fiscal year 2025.
March 28, 2024 | 2:34 pm
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NEGATIVE IMPACT
Braze's stock price is experiencing a downturn due to the company's announcement of weaker EPS guidance for Q1 and FY25.
The announcement of softer EPS guidance directly impacts investor sentiment and future earnings expectations, leading to a decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100