Smartsheet Continues To Expect FY25 Total revenue Of $1.116B - $1.121B (Est $1.12B), Raises Adj EPS Outlook From $1.22 - $1.29 To $1.36 - $1.39 (Est $1.25)
Portfolio Pulse from Benzinga Newsdesk
Smartsheet has reaffirmed its FY25 revenue guidance of $1.116B to $1.121B, aligning with estimates of $1.12B. The company has also raised its adjusted EPS outlook from $1.22-$1.29 to $1.36-$1.39, surpassing the estimated $1.25.
September 05, 2024 | 8:16 pm
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Smartsheet has maintained its FY25 revenue guidance and increased its adjusted EPS outlook, indicating strong financial performance and potential for stock price appreciation.
The reaffirmation of revenue guidance and the increase in adjusted EPS outlook suggest that Smartsheet is performing well financially. The raised EPS outlook, in particular, surpasses market estimates, which is likely to positively influence investor sentiment and drive the stock price up in the short term.
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