Liquidity Services Expects Q4 Adj EPS Of $0.25-$0.32 Vs $0.25 Est
Portfolio Pulse from Benzinga Newsdesk
Liquidity Services has provided its Q4 FY24 guidance, expecting adjusted EPS to range from $0.25 to $0.32, compared to the $0.25 estimate. The company also expects GMV to range from $330 million to $365 million, GAAP Net Income to range from $5.0 million to $7.0 million, GAAP Diluted EPS to range from $0.16 to $0.22, and Non-GAAP Adjusted EBITDA to range from $12.0 million to $15.0 million.
August 08, 2024 | 10:54 am
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POSITIVE IMPACT
Liquidity Services has provided its Q4 FY24 guidance, with adjusted EPS expected to range from $0.25 to $0.32, compared to the $0.25 estimate. This positive outlook may boost investor confidence in the short term.
The guidance provided by Liquidity Services indicates a potential for better-than-expected earnings, which is likely to positively impact the stock price in the short term. The adjusted EPS range surpasses the current estimate, suggesting strong financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100