ESCO Technologies Sees FY24 Adj. EPS $4.10-$4.20 Vs $4.24 Est.
Portfolio Pulse from Benzinga Newsdesk
ESCO Technologies has provided its FY24 adjusted EPS guidance in the range of $4.10 to $4.20, which is below the analyst estimate of $4.24.
August 07, 2024 | 8:22 pm
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ESCO Technologies has issued its FY24 adjusted EPS guidance in the range of $4.10 to $4.20, which is below the analyst estimate of $4.24. This could lead to a negative short-term impact on the stock price as the guidance falls short of market expectations.
The lower-than-expected EPS guidance is likely to disappoint investors and analysts, potentially leading to a short-term decline in the stock price as the market adjusts to the new information.
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