FICO Sees FY24 Revenue $1.69B-$1.7B Vs $1.707B Estimate; Sees Adj. EPS $22.80-$23.16 Vs $23.63 Estimate
Portfolio Pulse from Benzinga Newsdesk
FICO has updated its fiscal year 2024 guidance, projecting revenues between $1.69 billion and $1.7 billion, slightly below the $1.707 billion estimate. The company also sees adjusted EPS between $22.80 and $23.16, compared to the $23.63 estimate.
July 31, 2024 | 8:25 pm
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FICO has updated its FY24 guidance, with revenue projections slightly below estimates and adjusted EPS also falling short of expectations.
The updated guidance shows that FICO's revenue and adjusted EPS projections are slightly below market expectations. This could lead to a short-term negative impact on the stock price as investors react to the lower-than-expected figures.
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