Enovis Expects 2024 Adjusted EPS Of $2.62-$2.77 Versus Prior Expectations Of $2.52-$2.67 And Consensus Of $2.62, With Adjusted EBITDA Of $368M-$383M
Portfolio Pulse from Benzinga Newsdesk
Enovis has updated its 2024 financial guidance, expecting adjusted EPS of $2.62-$2.77, up from prior expectations of $2.52-$2.67 and matching the consensus of $2.62. The company also anticipates adjusted EBITDA of $368M-$383M.
August 07, 2024 | 10:08 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Enovis has raised its 2024 adjusted EPS guidance to $2.62-$2.77, up from prior expectations of $2.52-$2.67, and expects adjusted EBITDA of $368M-$383M.
The upward revision in EPS and EBITDA guidance indicates stronger-than-expected financial performance, which is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100