Pros Holdings Sees Q4 Adj EPS $0.12-0.14 vs $0.08 Est; Sees Sales $84.100M-85.100M vs $85.19M Est.
Portfolio Pulse from Benzinga Newsdesk
Pros Holdings has announced its Q4 adjusted EPS guidance of $0.12-0.14, surpassing the analyst estimate of $0.08. However, its sales forecast of $84.1M-$85.1M is slightly below the $85.19M estimate.
October 29, 2024 | 8:46 pm
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Pros Holdings has raised its Q4 adjusted EPS guidance to $0.12-0.14, exceeding the analyst estimate of $0.08. However, its sales forecast of $84.1M-$85.1M is slightly below the $85.19M estimate.
The increase in EPS guidance is a positive indicator for investors, suggesting better-than-expected profitability. However, the slightly lower sales forecast may temper enthusiasm. Overall, the positive EPS guidance is likely to have a more significant impact on the stock price.
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