BrightView Holdings Cuts FY24 Revenue From $2.825B-$2.975B To $2.74B-$2.80B Vs $2.844B Est.
Portfolio Pulse from Benzinga Newsdesk
BrightView Holdings has revised its FY24 revenue forecast downwards from the previous range of $2.825B-$2.975B to a new range of $2.74B-$2.80B, which is below the estimated $2.844B.
May 01, 2024 | 9:08 pm
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BrightView Holdings has reduced its FY24 revenue projections, indicating potential challenges ahead that could impact investor sentiment.
The downward revision of the FY24 revenue forecast by BrightView Holdings suggests the company may face operational or market challenges. This adjustment, especially being below the analyst estimates, could lead to negative investor sentiment and potentially decrease the stock price in the short term.
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