Clarivate Reaffirms FY24 Outlook For Revenues Of $2.57B - $2.67B (Est $2.61B), Adjusted EPS $0.70 - $0.80 (Est $0.74)
Portfolio Pulse from Benzinga Newsdesk
Clarivate has reaffirmed its FY24 outlook, projecting revenues between $2.57 billion and $2.67 billion, and adjusted EPS between $0.70 and $0.80. The company plans a balanced approach to capital allocation in the second half of 2024.
August 06, 2024 | 10:13 am
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Clarivate has reaffirmed its FY24 outlook, projecting revenues between $2.57 billion and $2.67 billion, and adjusted EPS between $0.70 and $0.80. The company plans a balanced approach to capital allocation in the second half of 2024.
Reaffirming the FY24 outlook provides stability and confidence to investors. The balanced approach to capital allocation suggests prudent financial management, which is likely to be viewed positively by the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100