Manhattan Associates Raises FY2024 Adj EPS Guidance from $4.22-4.30 to $4.60-4.62 vs $4.29 Est; Narrows FY2024 Sales Guidance from $1.04B-1.04B to $1.04B-1.04B vs $1.04B Est.
Portfolio Pulse from Benzinga Newsdesk
Manhattan Associates has raised its FY2024 adjusted EPS guidance to $4.60-$4.62, surpassing analyst estimates of $4.29. The company also narrowed its FY2024 sales guidance to $1.04 billion, aligning with estimates.
October 22, 2024 | 8:07 pm
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Manhattan Associates has increased its FY2024 adjusted EPS guidance to $4.60-$4.62, exceeding the analyst estimate of $4.29. The sales guidance remains unchanged at $1.04 billion, matching expectations.
The increase in EPS guidance suggests improved profitability, which is likely to positively impact the stock price. The alignment of sales guidance with estimates indicates stability in revenue expectations.
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