Dassault Systemes For 2024 Reaffirms EPS Target Range Of €1.27-€1.30 Vs. €1.27 Est. And Adjusts Total Revenue Growth Expectations From 6-8% To 5-7%
Portfolio Pulse from Benzinga Newsdesk
Dassault Systemes has reaffirmed its EPS target range for 2024 at €1.27-€1.30, aligning with estimates, and adjusted its total revenue growth expectations from 6-8% to 5-7%.
October 24, 2024 | 10:31 am
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Dassault Systemes reaffirmed its EPS target for 2024, aligning with estimates, but lowered its revenue growth expectations, which may impact investor sentiment.
The reaffirmation of the EPS target aligns with market expectations, which is neutral. However, the adjustment of revenue growth expectations from 6-8% to 5-7% could be seen negatively by investors, potentially impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Dassault Systemes reaffirmed its EPS target for 2024, aligning with estimates, but lowered its revenue growth expectations, which may impact investor sentiment.
The reaffirmation of the EPS target aligns with market expectations, which is neutral. However, the adjustment of revenue growth expectations from 6-8% to 5-7% could be seen negatively by investors, potentially impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90