Teleflex Raises The Lower End Of FY24 Adj EPS Guidance From $13.55 - $13.95 To $13.60 - $13.95 Vs. $13.73 Est.
Portfolio Pulse from Benzinga Newsdesk
Teleflex has updated its FY24 adjusted EPS guidance, raising the lower end from $13.55 to $13.60, while maintaining the upper end at $13.95, compared to the market estimate of $13.73.
May 02, 2024 | 10:35 am
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Teleflex has improved its financial outlook for FY24 by increasing the lower end of its adjusted EPS guidance, indicating a positive adjustment in its earnings expectations.
Raising the lower end of the EPS guidance suggests that Teleflex is more confident about its minimum performance level for FY24, which could be seen as a positive signal by investors, potentially leading to a short-term increase in stock price.
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