Encompass Health Raises FY24 Net Revenue Guidance From $5.275B-$5.35B To $5.325B-$5.375B Vs $5.317B Estimate
Portfolio Pulse from Benzinga Newsdesk
Encompass Health has increased its fiscal year 2024 net revenue guidance to a range of $5.325 billion to $5.375 billion, surpassing the previous estimate of $5.317 billion.
October 28, 2024 | 8:24 pm
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Encompass Health has raised its FY24 net revenue guidance to $5.325B-$5.375B, which is higher than the previous estimate of $5.317B. This suggests a positive outlook for the company's financial performance.
The increase in revenue guidance indicates that Encompass Health expects better financial performance than previously anticipated. This is likely to positively impact investor sentiment and the stock price in the short term.
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