Steve Madden Continues To Expect FY24 Revenue To Increase 11% To 13%, Adjusted EPS Of $2.55 - $2.65, Est $2.64
Portfolio Pulse from Benzinga Newsdesk
Steve Madden expects FY24 revenue to increase by 11% to 13% and adjusted EPS to be between $2.55 and $2.65, with an estimate of $2.64.
July 31, 2024 | 11:07 am
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Steve Madden expects FY24 revenue to increase by 11% to 13% and adjusted EPS to be between $2.55 and $2.65, with an estimate of $2.64.
The positive revenue growth projection and adjusted EPS estimate close to the higher end of the range are likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100