ESAB shares are trading lower after the company reported Q2 financial results and cut its FY24 core revenue growth guidance.
Portfolio Pulse from Benzinga Newsdesk
ESAB shares are trading lower after the company reported Q2 financial results and cut its FY24 core revenue growth guidance.
August 02, 2024 | 3:02 pm
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NEGATIVE IMPACT
ESAB shares are trading lower following the release of Q2 financial results and a reduction in FY24 core revenue growth guidance.
The reduction in FY24 core revenue growth guidance indicates potential challenges ahead, leading to a negative market reaction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100