Omnicell Expects Q4 Revenue Of $295M-$305M Vs $287.89M Est, Adj EPS Of $0.55-$0.62 Vs $0.47 Est
Portfolio Pulse from Benzinga Newsdesk
Omnicell has announced its expectations for the fourth quarter of 2024, projecting total revenues between $295 million and $305 million, surpassing the estimated $287.89 million. The company also anticipates adjusted EPS between $0.55 and $0.62, exceeding the estimated $0.47.
October 30, 2024 | 10:38 am
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POSITIVE IMPACT
Omnicell's Q4 2024 revenue and EPS projections exceed market estimates, indicating a positive outlook for the company's financial performance.
Omnicell's projected revenue and EPS for Q4 2024 are both above market expectations, which is likely to positively influence investor sentiment and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100