Workflow
Celsius Holdings Inc. (CELH) Reports Break-Even Earnings for Q3
CELHCelsius(CELH) ZACKS·2024-11-06 13:10

Group 1 - Celsius Holdings Inc. reported break-even quarterly earnings per share, missing the Zacks Consensus Estimate of $0.05, compared to earnings of $0.30 per share a year ago, representing an earnings surprise of -100% [1] - The company posted revenues of $265.75 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 0.14%, and down from year-ago revenues of $384.76 million [2] - Celsius shares have lost about 41.8% since the beginning of the year, while the S&P 500 has gained 21.2% [3] Group 2 - The current consensus EPS estimate for the coming quarter is $0.16 on revenues of $339.95 million, and for the current fiscal year, it is $0.76 on revenues of $1.36 billion [7] - The Zacks Industry Rank for Food - Miscellaneous is currently in the bottom 43% of over 250 Zacks industries, indicating potential underperformance compared to the top 50% of ranked industries [8]