Resideo Sees FY24 Revenue $6.68B-$6.76B Vs $6.157B Estimate
Portfolio Pulse from Benzinga Newsdesk
Resideo Technologies has announced its FY24 revenue forecast to be between $6.68 billion and $6.76 billion, surpassing the previous estimate of $6.157 billion.
August 08, 2024 | 9:33 pm
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POSITIVE IMPACT
Resideo Technologies has provided a revenue forecast for FY24 that exceeds previous estimates, indicating strong future performance.
The revenue forecast exceeding previous estimates suggests strong future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100