Verint Systems Sees FY25 Adj. EPS $2.90 At Midpoint Vs $2.91 Est.; Revenue $933M ± 2% Vs $936.171M Est.
Portfolio Pulse from Benzinga Newsdesk
Verint Systems has provided its financial guidance for FY25, projecting an adjusted EPS of $2.90 at the midpoint, slightly below the estimated $2.91. The company also anticipates revenue of $933 million, with a 2% variance, compared to the estimated $936.171 million.
September 04, 2024 | 8:09 pm
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NEGATIVE IMPACT
Verint Systems' FY25 guidance shows a slight miss on both adjusted EPS and revenue compared to estimates, which may lead to a negative short-term market reaction.
The guidance provided by Verint Systems for FY25 shows a slight miss on both adjusted EPS and revenue compared to analyst estimates. This could lead to a negative short-term reaction in the stock market as investors may adjust their expectations based on the company's outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100