Verisk Analytics Reiterates FY24 Revenue Of $2.84B-$2.90B Vs. $2.88B Estimate, Sees Diluted Adjusted EPS Of $6.30-$6.60 Vs. $6.51 Estimate
Portfolio Pulse from Benzinga Newsdesk
Verisk Analytics has reaffirmed its fiscal year 2024 revenue forecast to be in the range of $2.84 billion to $2.90 billion, closely aligning with the analyst estimate of $2.88 billion. The company also provided guidance for its diluted adjusted EPS, projecting it to be between $6.30 and $6.60, which brackets the analyst estimate of $6.51.
May 01, 2024 | 11:21 am
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Verisk Analytics reaffirms its FY24 revenue forecast of $2.84B-$2.90B, with an adjusted EPS projection of $6.30-$6.60, closely matching analyst expectations.
Verisk Analytics' reaffirmation of its FY24 revenue and EPS guidance closely aligns with analyst estimates, indicating management's confidence in meeting these targets. This alignment suggests a neutral short-term impact on the stock price, as the guidance does not significantly exceed nor fall short of market expectations. The high relevance score reflects the direct mention and focus on Verisk Analytics, while the importance score is elevated due to the significance of financial guidance to investors. The confidence level is high, given the clear guidance provided by the company.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100