Seiko Epson expects FY2024 GAAP EPS JPY 143.69; FY2024 Sales Guidance JPY 1340B.
Portfolio Pulse from Benzinga Newsdesk
Seiko Epson has adjusted its financial guidance for FY2024, lowering its GAAP EPS from $1.31 to $1.01, while raising its sales outlook from $9.10 billion to $9.39 billion.
November 01, 2024 | 10:12 am
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Seiko Epson has revised its FY2024 financial guidance, reducing its GAAP EPS from $1.31 to $1.01, while increasing its sales forecast from $9.10 billion to $9.39 billion.
The reduction in GAAP EPS guidance suggests potential profitability challenges, which could negatively impact investor sentiment. However, the increase in sales outlook indicates potential revenue growth, balancing the overall impact. The mixed signals may lead to a neutral short-term stock price movement.
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