Celsius Holdings Q2 EPS $0.52 Beats $0.29 Estimate, Sales $326.00M Beat $274.59M Estimate
Portfolio Pulse from Benzinga Newsdesk
Celsius Holdings (NASDAQ:CELH) reported Q2 earnings of $0.52 per share, beating the analyst consensus estimate of $0.29 by 79.31%. This is a 333.33% increase from the same period last year. The company also reported quarterly sales of $326.00 million, beating the analyst consensus estimate of $274.59 million by 18.72%. This is a 111.66% increase from the same period last year.
August 08, 2023 | 8:06 pm
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POSITIVE IMPACT
Celsius Holdings reported strong Q2 earnings and sales, significantly beating analyst estimates. This could lead to a positive short-term impact on the stock.
Celsius Holdings reported a significant increase in Q2 earnings and sales, beating analyst estimates. This strong performance indicates a healthy financial state for the company, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100