Bristow Group Affirms FY24 Revenue $1.290B-$1.465B Vs $1.400B Est.
Portfolio Pulse from Benzinga Newsdesk
Bristow Group has confirmed its fiscal year 2024 revenue forecast to be in the range of $1.290 billion to $1.465 billion, which is around the analyst estimate of $1.400 billion.

May 07, 2024 | 9:28 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Bristow Group, trading under the symbol VTOL, has reaffirmed its FY24 revenue guidance, indicating a stable financial outlook.
Reaffirming revenue guidance, especially when it aligns with analyst expectations, typically instills confidence in investors about the company's financial health and operational stability. This announcement should positively influence investor sentiment and potentially lead to a short-term uptick in VTOL's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100