NV5 Sees FY24 Revenue $937M-$942M Vs $931M Estimate; Sees Adj. EPS $5.05-$5.11 Vs $5.01 Estimate
Portfolio Pulse from Benzinga Newsdesk
NV5 projects its FY24 revenue to be between $937M-$942M, surpassing the $931M estimate. Additionally, the company forecasts its adjusted EPS to be in the range of $5.05-$5.11, slightly above the $5.01 estimate.
May 08, 2024 | 9:40 pm
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NV5 projects higher FY24 revenue and adjusted EPS than analyst estimates, indicating potential growth.
NV5's projection of higher FY24 revenue and adjusted EPS than analyst estimates suggests confidence in the company's growth trajectory and operational efficiency. This positive outlook is likely to influence investor sentiment positively, potentially leading to an uptick in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100