Ultragenyx Pharmaceutical Sees FY24 Revenue $500M-$530M Vs $513M Est.
Portfolio Pulse from Benzinga Newsdesk
Ultragenyx Pharmaceutical projects its FY24 revenue to be between $500M-$530M, which is around the analyst estimate of $513M.
May 02, 2024 | 8:02 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Ultragenyx Pharmaceutical, trading as RARE, forecasts FY24 revenue to be in the range of $500M-$530M, closely aligning with analyst expectations of $513M.
The forecasted revenue range by Ultragenyx Pharmaceutical is very close to the analyst estimates, indicating that the company's performance is in line with market expectations. This alignment suggests a neutral short-term impact on the stock price as the forecast does not significantly exceed nor fall short of analyst expectations, thus unlikely to cause major surprises or adjustments in investor sentiment.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100