Tenable Sees Q4 EPS $0.33-$0.35 Vs $0.32 Est.; Revenue $229M-$233M Vs $232.03M Est.; FY24 EPS $1.21-$1.23 Vs $1.18 Est.; Revenue $893.3M-$897.3M Vs $892.62M Est.
Portfolio Pulse from Benzinga Newsdesk
Tenable has provided its financial outlook for Q4 2024 and FY 2024, with EPS and revenue estimates slightly above analyst expectations. The company expects Q4 EPS of $0.33-$0.35 and revenue of $229M-$233M, and FY 2024 EPS of $1.21-$1.23 and revenue of $893.3M-$897.3M.
October 30, 2024 | 8:30 pm
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POSITIVE IMPACT
Tenable's Q4 and FY 2024 financial outlook shows EPS and revenue estimates slightly above analyst expectations, indicating potential positive market reaction.
Tenable's financial outlook for Q4 and FY 2024 shows EPS and revenue estimates slightly above analyst expectations, which is generally perceived positively by the market. This could lead to a short-term increase in stock price as investors react to the better-than-expected guidance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100