CRA International Reaffirms FY24 $645M-$675M Vs $656.219M Est.
Portfolio Pulse from Benzinga Newsdesk
CRA International has reaffirmed its fiscal year 2024 revenue guidance to be in the range of $645 million to $675 million, aligning closely with the analyst estimate of $656.219 million.

May 02, 2024 | 1:16 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
CRA International reaffirms its FY24 revenue guidance, indicating confidence in meeting or exceeding analyst expectations.
Reaffirming revenue guidance, especially when it aligns with analyst estimates, typically instills confidence in investors about the company's financial health and future performance. This announcement is likely to have a positive impact on CRA International's stock price in the short term as it reflects management's confidence in achieving the forecasted revenue targets.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100