Despegar.com Sees FY24 Revenue At Least $820M Vs $821.704M Est.
Portfolio Pulse from Benzinga Newsdesk
Despegar.com has projected its FY24 revenue to be at least $820 million, slightly below the estimated $821.704 million.
May 16, 2024 | 8:11 pm
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NEGATIVE IMPACT
Despegar.com has forecasted its FY24 revenue to be at least $820 million, which is slightly below the market estimate of $821.704 million. This minor shortfall may cause a slight negative sentiment among investors.
The revenue forecast being slightly below the market estimate could lead to a minor negative sentiment among investors, potentially causing a small dip in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100