Exelixis Raises FY2024 Sales Guidance from $1.98B-2.08B to $2.15B-2.20B (Est $2.050B)
Portfolio Pulse from Benzinga Newsdesk
Exelixis has increased its FY2024 sales guidance from a range of $1.98 billion-$2.08 billion to $2.15 billion-$2.20 billion, surpassing the estimated $2.050 billion.
October 29, 2024 | 8:15 pm
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Exelixis has raised its FY2024 sales guidance to $2.15B-$2.20B, which is above the previous range and market estimates, indicating a positive outlook for the company's revenue growth.
The increase in sales guidance suggests stronger than expected performance and potential revenue growth, which is likely to positively impact the stock price. The new guidance surpasses both the previous range and market estimates, indicating confidence in future sales.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100