Enovis Expects 2024 Adjusted EPS Of $2.52-$2.67 Versus Prior Guidance Of $2.50-$2.65 And Consensus Of $2.60
Portfolio Pulse from Benzinga Newsdesk
Enovis has updated its 2024 adjusted EPS guidance to $2.52-$2.67, an increase from the previous range of $2.50-$2.65, surpassing the consensus estimate of $2.60.
May 02, 2024 | 10:13 am
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Enovis has raised its 2024 adjusted EPS guidance, now expecting $2.52-$2.67, above the consensus of $2.60.
Raising the EPS guidance above consensus estimates typically signals management's confidence in the company's future performance. This update is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price as market sentiment improves.
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