Orthofix Sees 2024 Net Sales $795M-$800M vs $793.79M Est.
Portfolio Pulse from Benzinga Newsdesk
Orthofix has projected its net sales for 2024 to be between $795 million and $800 million, slightly above the market estimate of $793.79 million.
August 06, 2024 | 11:06 am
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Orthofix has projected its 2024 net sales to be between $795 million and $800 million, which is slightly above the market estimate of $793.79 million. This positive outlook may boost investor confidence.
The company's projection of higher-than-expected net sales for 2024 is likely to be viewed positively by investors, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100