A Preview Of The Chefs' Warehouse's Earnings
Portfolio Pulse from Benzinga Insights
The Chefs' Warehouse (NASDAQ:CHEF) is scheduled to release its quarterly earnings report on February 14, 2024, with an expected EPS of $0.42. Investors are hopeful for a beat on this estimate and positive guidance for future growth. Despite missing the EPS estimate by $0.01 last quarter, CHEF's stock price increased by 8.96% the following day. The stock has seen a 63.49% increase over the last 52 weeks, trading at $34.47 as of February 12.
February 13, 2024 | 4:00 pm
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POSITIVE IMPACT
The Chefs' Warehouse is expected to report an EPS of $0.42 for the upcoming quarter, with investors looking forward to positive future guidance. The stock has been performing well, with a 63.49% increase over the last year.
Given CHEF's positive stock performance over the past year and the anticipation of beating the earnings estimate along with positive future guidance, it's likely that the stock will see a short-term positive impact. Historical performance shows that even a miss in EPS estimates can result in a stock price increase, indicating strong investor confidence.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100