Enviri Revised FY24 Adj. EPS Outlook To $0.07-$(0.09) (Vs. $0.06 Est.) From $0.12 - $(0.09) Prior
Portfolio Pulse from Benzinga Newsdesk
Enviri has revised its FY24 adjusted EPS outlook to a range of $0.07 to $(0.09), compared to the previous range of $0.12 to $(0.09). The new outlook is slightly above the estimated $0.06.
August 01, 2024 | 11:15 am
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Enviri has revised its FY24 adjusted EPS outlook to a range of $0.07 to $(0.09), which is slightly above the estimated $0.06. This revision indicates a slight improvement in the company's expected performance.
The revision of the EPS outlook to a range slightly above the estimate suggests a marginally better performance than previously expected. This could lead to a positive short-term impact on the stock price as investors may view the revision as a sign of improved financial health.
CONFIDENCE 90
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RELEVANCE 100