LegalZoom.com Sees FY24 Revenue $700M-$720M Vs $713.893M Est.
Portfolio Pulse from Benzinga Newsdesk
LegalZoom.com projects its FY24 revenue to be between $700M and $720M, which is around the analyst estimate of $713.893M.

May 07, 2024 | 9:49 pm
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NEUTRAL IMPACT
LegalZoom.com anticipates FY24 revenue to be in the range of $700M to $720M, closely matching the analyst estimate of $713.893M.
LegalZoom.com's revenue forecast for FY24 is closely aligned with analyst expectations, indicating that the company's performance is on track with market predictions. This alignment suggests a neutral short-term impact on the stock price, as the forecast neither significantly exceeds nor falls short of analyst estimates. The high relevance score is due to the direct mention of LegalZoom.com and its financial forecast, while the importance score reflects the significance of revenue forecasts in investor decision-making. The confidence level is high due to the clear and specific nature of the forecast.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100