Barnes Raised FY24 Adjusted EPS To $1.62-$1.82 (From $1.55-$1.80) Vs. $1.70 Est.
Portfolio Pulse from Benzinga Newsdesk
Barnes has increased its FY24 adjusted EPS forecast to $1.62-$1.82, up from the previous range of $1.55-$1.80, surpassing the estimated $1.70.
April 26, 2024 | 10:36 am
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Barnes has revised its FY24 adjusted EPS guidance upwards to $1.62-$1.82 from $1.55-$1.80, exceeding the consensus estimate of $1.70.
The upward revision of Barnes' FY24 adjusted EPS guidance indicates a positive outlook for the company's financial performance, likely leading to increased investor confidence and potentially a rise in stock price in the short term.
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