Visteon Maintains Full-Year 2024 Guidance And Anticipates Sales Of $4.0B-$4.2B, Est $4.105B
Portfolio Pulse from Benzinga Newsdesk
Visteon maintains its full-year 2024 guidance, expecting sales between $4.0B-$4.2B, with adjusted EBITDA of $470M-$500M and adjusted free cash flow of $155M-$185M.

April 25, 2024 | 11:03 am
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Visteon maintains its 2024 guidance with sales expected between $4.0B-$4.2B, adjusted EBITDA of $470M-$500M, and adjusted free cash flow of $155M-$185M.
Maintaining guidance often signals management's confidence in the company's future performance. For Visteon, reaffirming its 2024 financial targets, especially in a challenging economic environment, could be viewed positively by investors. This announcement may lead to increased investor confidence, potentially driving up the stock price in the short term.
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