Endava Expects FY2024 Revenue Of £741M-£743M Versus Consensus Of £737.37M, Sees Adjusted EPS Of £1.13-£1.14
Portfolio Pulse from Benzinga Newsdesk
Endava (DAVA) has provided its financial outlook for FY2024, expecting revenue between £741M and £743M, which is above the consensus estimate of £737.37M. The company also anticipates adjusted EPS to be in the range of £1.13 to £1.14.
May 23, 2024 | 11:32 am
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Endava (DAVA) has provided a positive financial outlook for FY2024, with revenue expectations exceeding consensus estimates and a solid adjusted EPS forecast.
The revenue forecast of £741M-£743M is higher than the consensus estimate of £737.37M, indicating strong business performance. Additionally, the adjusted EPS range of £1.13-£1.14 suggests profitability. These factors are likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100