Orion Sees FY24 Adj. EPS $1.75-$1.95 Vs $2.15 Est.
Portfolio Pulse from Benzinga Newsdesk
Orion has revised its FY24 adjusted EPS forecast to $1.75-$1.95, which is below the previous estimate of $2.15.
August 01, 2024 | 9:33 pm
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NEGATIVE IMPACT
Orion has lowered its FY24 adjusted EPS forecast to $1.75-$1.95, which is below the previous estimate of $2.15. This revision may negatively impact investor sentiment and the stock price in the short term.
The downward revision of the EPS forecast indicates potential challenges in Orion's financial performance, which is likely to lead to negative investor sentiment and a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100