TTM Technologies Sees Q4 Adj EPS $0.44-0.50 vs $0.43 Est; Sees Sales $610.000M-650.000M vs $615.63M Est
Portfolio Pulse from Benzinga Newsdesk
TTM Technologies has provided guidance for Q4 with adjusted EPS expected to be between $0.44 and $0.50, surpassing the analyst estimate of $0.43. The company also anticipates sales between $610 million and $650 million, slightly below the analyst estimate of $615.63 million.
October 30, 2024 | 8:06 pm
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TTM Technologies has issued Q4 guidance with adjusted EPS expected to exceed analyst estimates, while sales projections are slightly below expectations. This mixed guidance could influence investor sentiment.
The guidance for adjusted EPS is above analyst expectations, which is a positive indicator for the stock. However, the sales guidance is slightly below expectations, which could temper the positive impact. Overall, the positive EPS guidance is likely to have a more significant impact, leading to a likely short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100