QIAGEN Reaffirms FY24 Adj. EPS $2.10 Vs $2.11 Est.; Net Sales $2.0B Vs $2.010B Est.
Portfolio Pulse from Benzinga Newsdesk
QIAGEN has reaffirmed its fiscal year 2024 adjusted earnings per share (EPS) guidance at $2.10, slightly below the estimated $2.11. The company also expects net sales to reach $2.0 billion, marginally below the estimated $2.010 billion.
April 29, 2024 | 8:29 pm
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QIAGEN reaffirms its FY24 adjusted EPS at $2.10, against an estimate of $2.11, and expects net sales of $2.0 billion, slightly below the $2.010 billion estimate.
QIAGEN's reaffirmation of its FY24 financial guidance, slightly below analyst estimates, may not significantly impact its stock price in the short term. The close alignment with expectations suggests a stable outlook, but the slight miss on both EPS and sales estimates could temper investor enthusiasm. However, the confirmation of guidance also indicates management's confidence in the company's direction, which could mitigate any negative reaction.
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