Linde Tightens FY24 Adjusted EPS Forecast From $15.30 - $15.60 To $15.40 - $15.60, Est $15.47
Portfolio Pulse from Benzinga Newsdesk
Linde has tightened its FY24 adjusted EPS forecast to a range of $15.40 - $15.60, representing growth of 8% to 10% versus the prior year. Full-year capital expenditures are expected to be between $4.0 billion and $4.5 billion.
August 02, 2024 | 10:19 am
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Linde has tightened its FY24 adjusted EPS forecast to a range of $15.40 - $15.60, representing growth of 8% to 10% versus the prior year. Full-year capital expenditures are expected to be between $4.0 billion and $4.5 billion.
The tightening of the EPS forecast to a higher range indicates confidence in financial performance, which is likely to positively impact investor sentiment. The expected capital expenditures also suggest ongoing investment in growth and maintenance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100