Helix Energy Solns Gr Narrows FY2024 Sales Guidance from $1.25B-1.40B to $1.30B-1.36B (Est. $1.346B)
Portfolio Pulse from Benzinga Newsdesk
Helix Energy Solutions Group has adjusted its FY2024 sales guidance to a narrower range of $1.30 billion to $1.36 billion, compared to the previous range of $1.25 billion to $1.40 billion. The estimated sales are $1.346 billion.
October 23, 2024 | 10:13 pm
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Helix Energy Solutions Group has revised its FY2024 sales guidance to a range of $1.30 billion to $1.36 billion, which is a more focused outlook compared to the previous range. This aligns closely with the estimated sales of $1.346 billion.
The narrowing of the sales guidance range suggests a more precise forecast, which can be seen as a positive sign of management's confidence in their projections. However, since the new range aligns closely with the market estimates, it is unlikely to cause significant short-term price movement.
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