ODDITY Tech Raises Q2 Net Revenue Guidance From $185M-$189M vs $187.43M Est., Raises Adj. EPS Guidance From $0.56 To ~$0.69 vs $0.63 Est.
Portfolio Pulse from Benzinga Newsdesk
ODDITY Tech has raised its Q2 net revenue guidance to $185M-$189M, surpassing the $187.43M estimate. Additionally, the company has increased its adjusted EPS guidance from $0.56 to approximately $0.69, compared to the $0.63 estimate.
June 07, 2024 | 12:03 pm
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ODDITY Tech has raised its Q2 net revenue guidance to $185M-$189M, surpassing the $187.43M estimate. Additionally, the company has increased its adjusted EPS guidance from $0.56 to approximately $0.69, compared to the $0.63 estimate.
The raised revenue and EPS guidance indicate stronger-than-expected financial performance, which is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100