Gen Digital Adjusts FY25 Adj. EPS From $2.17-$2.23 To $2.18-$2.23 Vs $2.21 Est.; Revenue From $3.890B-$3.930B To $3.905B-$3.930B Vs $3.913B
Portfolio Pulse from Benzinga Newsdesk
Gen Digital has adjusted its FY25 adjusted EPS guidance to a range of $2.18-$2.23, slightly narrowing from the previous range of $2.17-$2.23, and its revenue guidance to $3.905B-$3.930B from $3.890B-$3.930B. The adjustments are close to analyst estimates of $2.21 for EPS and $3.913B for revenue.
October 30, 2024 | 8:30 pm
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Gen Digital has slightly adjusted its FY25 EPS and revenue guidance, aligning closely with analyst estimates. This indicates stable financial expectations.
The adjustments to Gen Digital's guidance are minor and align closely with analyst estimates, suggesting stability in financial performance. The impact on stock price is likely neutral as the changes are not significant enough to alter investor sentiment drastically.
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IMPORTANCE 70
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