Sprinklr Raises FY25 Total Revenue Forecast From $779M - $781M To $785M - $787M (Est $780.39M); Cuts Adj EPS Outlook From $0.40 - $0.41 To $0.32 - $0.33 (Est $0.41)
Portfolio Pulse from Benzinga Newsdesk
Sprinklr has raised its FY25 total revenue forecast to $785M - $787M, surpassing the estimated $780.39M. However, it has lowered its adjusted EPS outlook to $0.32 - $0.33, below the estimated $0.41.
September 04, 2024 | 8:14 pm
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NEUTRAL IMPACT
Sprinklr has increased its FY25 revenue forecast to $785M-$787M, exceeding expectations. However, the company has reduced its adjusted EPS outlook to $0.32-$0.33, which is below the market estimate.
The increase in revenue forecast suggests positive business momentum, which is a good sign for investors. However, the reduction in EPS outlook indicates potential cost pressures or lower profitability, which could offset the positive revenue news. This mixed signal may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100