Orion S.A. Reiterates 2024 Adj. EBITDA Guidance Range $340M-$360M, Adj. EPS Range $2.05-$2.20 vs $2.16 Est.
Portfolio Pulse from Benzinga Newsdesk
Orion S.A. has reaffirmed its adjusted EBITDA guidance for 2024 to be in the range of $340M-$360M and its adjusted EPS guidance to be between $2.05 and $2.20, compared to the estimated $2.16.
May 02, 2024 | 10:13 pm
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Orion S.A. has confirmed its financial guidance for 2024, with adjusted EBITDA expected to be between $340M and $360M and adjusted EPS forecasted to be in the range of $2.05 to $2.20, which is in line with analyst expectations of $2.16.
Reiterating financial guidance, especially when it aligns closely with analyst estimates, tends to instill confidence in investors about the company's future performance and stability. This announcement from Orion S.A. is likely to have a positive impact on investor sentiment and potentially the stock price in the short term, as it confirms the company's financial health and operational efficiency.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100