Dana Sees FY24 Revenue Of $10.45B - $10.95b Vs. $10.83B Est; Adj EPS Of $0.80 - $1.30 vs. $1 Est.
Portfolio Pulse from Benzinga Newsdesk
Dana Inc. has provided its financial outlook for FY24, projecting revenue between $10.45 billion and $10.95 billion, compared to the estimated $10.83 billion. The company also expects adjusted EPS to range from $0.80 to $1.30, against the $1 estimate.
July 31, 2024 | 11:10 am
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Dana Inc. has provided its financial outlook for FY24, projecting revenue between $10.45 billion and $10.95 billion, compared to the estimated $10.83 billion. The company also expects adjusted EPS to range from $0.80 to $1.30, against the $1 estimate.
Dana Inc.'s revenue projection is slightly above the estimate, and the adjusted EPS range includes the estimate. This positive outlook is likely to have a favorable impact on the stock price in the short term.
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