Takeda 2024 Outlook, Reaffirmed: Expects Revenue Of ¥ 4.35T, And Core EPS Of ¥431; Sees Adjusted Free Cash Flow Of ¥350B - ¥450B
Portfolio Pulse from Benzinga Newsdesk
Takeda has reaffirmed its FY2024 outlook, expecting revenue of ¥4.35 trillion and core EPS of ¥431. The company also anticipates adjusted free cash flow between ¥350 billion and ¥450 billion.
July 31, 2024 | 6:28 am
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Takeda reaffirms its FY2024 outlook with expected revenue of ¥4.35 trillion and core EPS of ¥431. Adjusted free cash flow is projected between ¥350 billion and ¥450 billion.
The reaffirmation of the FY2024 outlook suggests stability in Takeda's financial projections. However, the core revenue is expected to be flat to slightly declining, and core EPS is projected to decline by mid-10s%. This mixed outlook may result in a neutral short-term impact on the stock price.
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