Owens & Minor Reaffirms 2024 Revenue Guidance Of $10.5B-$10.9B Versus Consensus Of $10.66B
Portfolio Pulse from Benzinga Newsdesk
Owens & Minor, a healthcare logistics company, has reaffirmed its revenue guidance for 2024, projecting revenues to be between $10.5 billion and $10.9 billion. This projection aligns closely with the consensus estimate of $10.66 billion.

May 03, 2024 | 10:42 am
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Owens & Minor reaffirms its 2024 revenue guidance, projecting revenues between $10.5B and $10.9B, in line with consensus estimates.
Reaffirming revenue guidance, especially when it aligns with or exceeds market consensus, is generally viewed positively by investors. It indicates management's confidence in the company's financial health and operational stability. For Owens & Minor, this reaffirmation could bolster investor confidence, potentially leading to a positive short-term impact on its stock price.
CONFIDENCE 95
IMPORTANCE 90
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