Pagaya Tech Q2 Revenue Outlook $235M - $245M Vs. $236.96M Estimate
Portfolio Pulse from Benzinga Newsdesk
Pagaya Technologies has provided a revenue outlook for Q2, estimating revenues to be between $235 million and $245 million, closely aligning with the analyst estimate of $236.96 million.

May 09, 2024 | 11:19 am
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Pagaya Technologies forecasts Q2 revenues to be in the range of $235M to $245M, which is in line with analyst expectations of $236.96M.
The revenue outlook provided by Pagaya Technologies for Q2 is very close to the analyst estimates, indicating that the company's performance is in line with market expectations. This alignment suggests a neutral short-term impact on the stock price, as the market likely already priced in these expectations.
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IMPORTANCE 75
RELEVANCE 100