ArtiCure Sees FY24 Adj. EPS $(0.82)-$(0.74) Vs $(0.74) Est.; Revenue ~$459M-$466M Vs $461.304M Est.
Portfolio Pulse from Benzinga Newsdesk
ArtiCure projects its FY24 adjusted EPS to be between $(0.82) and $(0.74), compared to the estimated $(0.74). The company anticipates revenue to be approximately $459M-$466M, versus the estimated $461.304M.
May 01, 2024 | 8:38 pm
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ArtiCure expects FY24 adjusted EPS to range from $(0.82) to $(0.74), closely matching the $(0.74) estimate. Revenue projections are between $459M and $466M, slightly surpassing the $461.304M estimate.
ArtiCure's projected EPS aligns closely with analyst estimates, indicating a stable financial outlook. The slight increase in revenue projections compared to estimates suggests potential for positive market reaction, hence a likely uptick in stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100