Embecta shares are trading higher after the company reported better-than-expected Q3 revenue results and raised its FY24 adjusted EPS guidance.
Portfolio Pulse from Benzinga Newsdesk
Embecta shares are trading higher after the company reported better-than-expected Q3 revenue results and raised its FY24 adjusted EPS guidance.
August 09, 2024 | 12:48 pm
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POSITIVE IMPACT
Embecta shares are trading higher due to better-than-expected Q3 revenue results and an increase in FY24 adjusted EPS guidance.
The better-than-expected Q3 revenue results and the raised FY24 adjusted EPS guidance are positive indicators for Embecta's financial health and future performance, likely driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100