Yext Sees Q2 FY25 Adj. EPS $0.02-$0.03 Vs $0.09 Est.; Revenue $98M-$98.4M Vs $98.423M Est.
Portfolio Pulse from Benzinga Newsdesk
Yext has released its Q2 FY25 financial guidance, projecting adjusted EPS of $0.02-$0.03, which is below the estimated $0.09. The company also expects revenue to be between $98M and $98.4M, slightly below the estimated $98.423M.
June 10, 2024 | 8:12 pm
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Yext's Q2 FY25 guidance indicates lower-than-expected adjusted EPS of $0.02-$0.03 compared to the $0.09 estimate, and revenue of $98M-$98.4M, slightly below the $98.423M estimate.
The lower-than-expected EPS and slightly below-estimate revenue guidance are likely to negatively impact Yext's stock price in the short term as investors may react to the weaker financial outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100