Somero Enterprises, Inc. provided earnings guidance for the year 2024. For the year, the board expects the company to deliver strong revenues, profits, and cash flows to shareholders, supported by a strong balance sheet with no outstanding debt and full availability of it's USD 25.0 million credit facility. The health of the non-residential construction markets in the US, Europe and Australia form the foundation of the Company's 2024 expectations. With all factors considered, 2024 revenues are expected to be comparable with 2023.
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5-day change | 1st Jan Change | ||
332 GBX | -0.90% | -0.30% | -11.47% |
Mar. 13 | Transcript : Somero Enterprises, Inc., 2023 Earnings Call, Mar 13, 2024 | |
Mar. 05 | Somero revenue and profit drop but keeps positive outlook | AN |
EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-11.47% | 228M | |
+16.14% | 171B | |
+16.49% | 18.7B | |
+26.19% | 11.12B | |
+32.01% | 9.69B | |
+3.17% | 3.78B | |
-0.76% | 2.9B | |
+58.46% | 2.88B | |
+84.29% | 2.18B | |
+37.22% | 1.78B |
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