Luxfer Holdings Lowers FY2024 Adj EPS Guidance from $0.90-1.00 to $0.88-0.94 vs $0.84 Est
Portfolio Pulse from Benzinga Newsdesk
Luxfer Holdings has revised its FY2024 adjusted EPS guidance downwards from $0.90-1.00 to $0.88-0.94, which is still above the analyst estimate of $0.84.
October 29, 2024 | 8:49 pm
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Luxfer Holdings has adjusted its FY2024 EPS guidance downwards, but it remains above analyst expectations. This could indicate cautious optimism about future performance.
The downward revision in EPS guidance suggests a slight decrease in expected profitability, but since the new guidance is still above analyst estimates, it may not negatively impact investor sentiment significantly. The market might view this as a conservative adjustment, maintaining a positive outlook.
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