TTEC Sees FY24 Revenue $2.21B-$2.26B Vs $2.31B Estimate; Sees Adj. EPS $0.74-$0.97 Vs $1.38 Estimate
Portfolio Pulse from Benzinga Newsdesk
TTEC Holdings, Inc. has revised its FY24 revenue guidance to $2.21B-$2.26B, below the previous estimate of $2.31B. Additionally, the company expects adjusted EPS to be in the range of $0.74-$0.97, significantly lower than the $1.38 estimate.
August 08, 2024 | 9:35 pm
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TTEC Holdings, Inc. has lowered its FY24 revenue and adjusted EPS guidance, which is likely to negatively impact the stock price in the short term.
The significant reduction in both revenue and adjusted EPS guidance compared to estimates suggests potential challenges for TTEC Holdings, which is likely to result in a negative market reaction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100