Stevanato Now Expects Revenue In The Range Of €1.125B-€1.155B, Adj. EBITDA In The Range Of €277.9M-€292.2M, And Adj. EPS Between €0.51-€0.55
Portfolio Pulse from Benzinga Newsdesk
Stevanato has updated its financial outlook, now expecting revenue between €1.125B-€1.155B, adjusted EBITDA of €277.9M-€292.2M, and adjusted EPS of €0.51-€0.55.
May 09, 2024 | 10:30 am
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Stevanato has revised its financial guidance upwards, indicating a positive outlook on revenue, adjusted EBITDA, and EPS.
The upward revision in Stevanato's financial guidance suggests a stronger than expected performance. This positive news is likely to instill confidence in investors, potentially leading to a short-term increase in stock price as market participants react to the improved outlook.
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