Heidrick & Struggles International Sees Q2 Consolidated Net Revenue $255M-$275M vs $264.82M Est.
Portfolio Pulse from Benzinga Newsdesk
Heidrick & Struggles International projects its Q2 consolidated net revenue to be between $255M and $275M, compared to the estimated $264.82M.
May 06, 2024 | 8:44 pm
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Heidrick & Struggles International anticipates Q2 consolidated net revenue to range from $255M to $275M, which brackets the analyst estimate of $264.82M.
The projected revenue range by Heidrick & Struggles International encompasses the analyst estimate, indicating a neutral to slightly positive outlook. This forecast suggests that the company is performing close to expectations, which may not significantly alter investor sentiment in the short term. However, the fact that the projection meets analyst expectations could stabilize the stock price, as it reduces uncertainty about the company's performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100