The Shyft Group Maintained Full Year 2024 Adjusted EBITDA Outlook Of $45M-$50M; Projects Adjusted EPS Of $0.35-$0.50 Vs. $0.43 Estimate
Portfolio Pulse from Nabaparna Bhattacharya
The Shyft Group has maintained its full-year 2024 adjusted EBITDA outlook of $45M-$50M and projects adjusted EPS of $0.35-$0.50, compared to an estimate of $0.43.
October 24, 2024 | 11:43 am
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The Shyft Group has reaffirmed its full-year 2024 financial guidance, maintaining an adjusted EBITDA outlook of $45M-$50M and projecting adjusted EPS of $0.35-$0.50, which aligns closely with the market estimate of $0.43.
The reaffirmation of financial guidance suggests stability in The Shyft Group's financial outlook. The projected EPS range is close to the market estimate, indicating no major surprises for investors. This is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100