Bruker Sees FY24 Adj. EPS $2.59-$2.64 vs $2.64 Est., Revenues $3.38B-$3.44B vs $3.4B Est.
Portfolio Pulse from Benzinga Newsdesk
Bruker Corporation has provided its financial guidance for fiscal year 2024, projecting adjusted EPS between $2.59 and $2.64, slightly below the consensus estimate of $2.64. The company also expects revenues to range from $3.38 billion to $3.44 billion, aligning closely with the consensus estimate of $3.4 billion.
August 06, 2024 | 11:03 am
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Bruker Corporation's FY24 guidance shows adjusted EPS slightly below estimates and revenue projections in line with expectations. This mixed outlook may lead to a neutral to slightly negative short-term impact on the stock price.
The adjusted EPS guidance is slightly below the consensus estimate, which could be seen as a negative. However, the revenue guidance aligns closely with expectations, providing a balanced outlook. This mixed guidance is likely to result in a neutral to slightly negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100