TTM Tech Q2 Outlook: Adj. EPS $0.32 - $0.38 Vs. $0.35 Estimate, Revenue $560M - $600M vs. $551.76M Estimate
Portfolio Pulse from Benzinga Newsdesk
TTM Technologies provided its Q2 2024 outlook, forecasting revenues between $560M-$600M and adjusted EPS of $0.32-$0.38, both surpassing analyst estimates.
May 01, 2024 | 12:14 pm
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POSITIVE IMPACT
TTM Technologies projects Q2 2024 revenues and adjusted EPS above analyst expectations, indicating potential growth.
TTM Technologies' forecast for Q2 2024 surpasses analyst estimates for both revenue and adjusted EPS, suggesting a positive outlook and potential for stock price appreciation in the short term. The company's guidance indicates confidence in its financial performance and operational efficiency, which could attract investor interest and drive up the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100