Steve Madden Sees FY24 Adj EPS Of $2.55 - $2.65 Vs. $2.62 Est; Sees Revenue Growth Of 11% -13%.
Portfolio Pulse from Benzinga Newsdesk
Steve Madden forecasts FY24 adjusted EPS of $2.55 to $2.65, compared to the $2.62 estimate, and anticipates revenue growth of 11% to 13%.
May 01, 2024 | 11:02 am
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Steve Madden forecasts FY24 adjusted EPS of $2.55 to $2.65, compared to the $2.62 estimate, and anticipates revenue growth of 11% to 13%.
Steve Madden's forecast for FY24 suggests a positive outlook, with adjusted EPS and revenue growth projections that are in line or slightly above analyst expectations. This positive guidance is likely to instill investor confidence and could lead to a short-term uptick in SHOO's stock price, given the company's optimistic revenue growth and earnings per share forecast.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100