Manhattan Associates Sees FY24 Adj. EPS $3.86-$3.94 Vs $3.77 Est.; Revenue $1.026B-$1.034B Vs $1.022B Est.
Portfolio Pulse from Benzinga Newsdesk
Manhattan Associates projects its FY24 adjusted EPS to be between $3.86 and $3.94, surpassing the estimated $3.77. The company also forecasts revenue to range from $1.026 billion to $1.034 billion, slightly above the $1.022 billion estimate.
April 23, 2024 | 9:19 pm
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POSITIVE IMPACT
Manhattan Associates forecasts higher-than-expected FY24 adjusted EPS and revenue, indicating strong future performance.
Manhattan Associates' projection of higher-than-expected earnings and revenue for FY24 suggests confidence in their business operations and market position. This positive outlook is likely to instill investor confidence, potentially leading to an increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100