Concentrix Sees FY24 Adj. EPS $11.40-$12.07 Vs $11.910 Est.; Revenue $9.58B-$9.675B Vs $9.597B Est.
Portfolio Pulse from Benzinga Newsdesk
Concentrix has provided its financial outlook for FY24, projecting adjusted EPS between $11.40 and $12.07, compared to the estimated $11.91. The company also expects revenue to be in the range of $9.58 billion to $9.675 billion, against the estimated $9.597 billion.
June 26, 2024 | 8:08 pm
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POSITIVE IMPACT
Concentrix has provided a positive financial outlook for FY24, with adjusted EPS and revenue projections slightly above estimates. This could lead to a positive short-term impact on the stock price.
The company's projections for both adjusted EPS and revenue are slightly above market estimates, which is generally viewed positively by investors. This could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100