Veralto Raised FY24 Adj. EPS From $3.37-$3.45 To $3.44-$3.48 Vs $3.45 Est.
Portfolio Pulse from Benzinga Newsdesk
Veralto has increased its FY24 adjusted EPS guidance from $3.37-$3.45 to $3.44-$3.48, slightly above the $3.45 estimate.
October 23, 2024 | 8:33 pm
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Veralto has raised its FY24 adjusted EPS guidance to $3.44-$3.48, which is slightly above the previous estimate of $3.45. This indicates a positive outlook for the company's earnings.
The increase in EPS guidance suggests that Veralto expects better financial performance than previously anticipated. This is likely to be viewed positively by investors, potentially leading to a short-term increase in the stock price.
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