Revvity Updates Its 2024 Adjusted EPS Guidance To $4.70-$4.80 Compared To Prior Guidance Of $4.55-$4.75 And Consensus Of $4.63
Portfolio Pulse from Benzinga Newsdesk
Revvity has updated its 2024 adjusted EPS guidance to a range of $4.70-$4.80, up from the prior guidance of $4.55-$4.75 and above the consensus estimate of $4.63.
July 29, 2024 | 10:07 am
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Revvity has raised its 2024 adjusted EPS guidance to $4.70-$4.80, which is higher than both its previous guidance and the consensus estimate. This positive revision is likely to boost investor confidence and could lead to a short-term increase in the stock price.
The upward revision of the EPS guidance indicates stronger-than-expected financial performance, which is likely to be viewed positively by investors. This could result in a short-term increase in Revvity's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100