Owens & Minor Reaffirms 2024 Guidance With Sales Of $10.5B-$10.9B And Adjusted EPS Of $1.40-$1.70, Versus Consensus Of $10.665B And $1.55, Respectively
Portfolio Pulse from Benzinga Newsdesk
Owens & Minor has reaffirmed its 2024 guidance with expected sales between $10.5 billion and $10.9 billion and adjusted EPS ranging from $1.40 to $1.70. This is in line with the consensus estimates of $10.665 billion in sales and $1.55 in EPS.
August 02, 2024 | 10:38 am
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Owens & Minor reaffirmed its 2024 guidance, projecting sales between $10.5 billion and $10.9 billion and adjusted EPS of $1.40 to $1.70. These figures align closely with consensus estimates, which may provide stability to the stock price in the short term.
The reaffirmation of guidance that aligns with consensus estimates suggests that the market has already priced in these expectations. Therefore, the short-term impact on the stock price is likely to be neutral.
CONFIDENCE 90
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RELEVANCE 100