Tyler Technologies Narrows FY24 Total Revenues Outlook From $2.12B - $2.15B To $2.125B - $2.145B (Est $2.137B), Raises Adj EPS Guidance From $9.25 - $9.45 To $9.47 - $9.62 (Est $9.37)
Portfolio Pulse from Benzinga Newsdesk
Tyler Technologies has adjusted its FY24 financial outlook, narrowing its total revenue guidance to $2.125B - $2.145B and raising its adjusted EPS guidance to $9.47 - $9.62.
October 23, 2024 | 8:28 pm
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POSITIVE IMPACT
Tyler Technologies has revised its FY24 financial guidance, narrowing revenue expectations and increasing adjusted EPS estimates. This suggests improved profitability expectations.
The narrowing of revenue guidance suggests a more precise forecast, while the increase in EPS guidance indicates improved profitability expectations. This is likely to positively impact investor sentiment and the stock price in the short term.
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