Integer Forecasts 2024 Sales Of $1.735B-$1.77B Versus Consensus Of $1.757B With Adjusted EPS Of $5.07-$5.49 Versus Consensus Of $5.29
Portfolio Pulse from Benzinga Newsdesk
Integer Holdings Corporation (ITGR) has released its 2024 financial outlook, forecasting sales between $1.735 billion and $1.77 billion, slightly below the consensus of $1.757 billion. The company also projects adjusted EPS between $5.07 and $5.49, compared to the consensus of $5.29.
July 25, 2024 | 12:07 pm
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Integer Holdings Corporation (ITGR) has provided its 2024 financial outlook, with sales expected between $1.735 billion and $1.77 billion, slightly below the consensus estimate of $1.757 billion. The company also projects adjusted EPS between $5.07 and $5.49, compared to the consensus of $5.29.
The sales forecast is slightly below consensus, which may cause some concern among investors. However, the adjusted EPS range is relatively close to the consensus, which could mitigate negative sentiment. Overall, the impact on the stock price is likely to be neutral in the short term.
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