LivaNova Expects 2024 Revenue Growth Of 8.5%-9.5% Versus Prior Guidance Of 7%-8%, Forecasts Adjusted EPS Of $3.30-$3.40 Compared To Prior Guidance Of $3.05-$3.15 And Consensus Of $3.16
Portfolio Pulse from Benzinga Newsdesk
LivaNova has updated its 2024 financial guidance, projecting revenue growth of 8.5%-9.5% and adjusted EPS of $3.30-$3.40, both higher than previous estimates. The company also forecasts adjusted free cash flow between $110 and $130 million.
October 30, 2024 | 10:03 am
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LivaNova has increased its 2024 revenue growth guidance to 8.5%-9.5% and adjusted EPS to $3.30-$3.40, surpassing previous estimates and consensus. The company also projects adjusted free cash flow of $110-$130 million.
LivaNova's updated guidance indicates stronger financial performance than previously expected, which is likely to positively impact investor sentiment and the stock price. The increase in revenue growth and EPS guidance, along with a solid free cash flow forecast, suggests improved business prospects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100