Dun & Bradstreet Holdings Reiterated FY24 Net Sales Of $2.40B-$2.44B Vs. $2.41B Estimate; Adjusted EPS Of $1.00-$1.04. Vs. $1.02 Estimate
Portfolio Pulse from Benzinga Newsdesk
Dun & Bradstreet Holdings has reiterated its FY24 net sales guidance of $2.40B-$2.44B, slightly below the $2.41B estimate. Adjusted EPS is expected to be $1.00-$1.04, close to the $1.02 estimate. Revenue and organic growth are anticipated at the low end of previous ranges.
October 31, 2024 | 11:33 am
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Dun & Bradstreet Holdings reiterated its FY24 guidance with net sales of $2.40B-$2.44B and adjusted EPS of $1.00-$1.04. Revenue growth is expected at the low end of previous ranges, indicating potential challenges in meeting higher expectations.
The reaffirmation of guidance suggests stability but also highlights potential challenges in achieving higher growth. The revenue and organic growth being at the low end of the range may temper investor expectations, leading to a neutral short-term impact on the stock price.
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