ADT Expects FY24 Revenue Of $4.85B-$4.95B (Prior $4.8B-$5.0B) Vs $4.89B Est, Adj EPS Of $0.70-$0.75 (Prior $0.65-$0.75) Vs $0.69 Est
Portfolio Pulse from Benzinga Newsdesk
ADT has updated its financial guidance for FY24, tightening its revenue forecast to $4.85B-$4.95B and adjusted EPS to $0.70-$0.75, slightly above previous estimates.
October 24, 2024 | 11:04 am
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ADT has revised its FY24 financial guidance, narrowing its revenue forecast to $4.85B-$4.95B and adjusted EPS to $0.70-$0.75, which is slightly above previous estimates and market expectations.
ADT's updated guidance shows a more precise revenue and EPS forecast, slightly above previous estimates and market expectations. This suggests confidence in their financial performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100