Earnings Outlook For Celsius Holdings
Portfolio Pulse from Benzinga Insights
Celsius Holdings (NASDAQ:CELH) is anticipated to report a quarterly EPS of $0.15 on Thursday, 2024-02-29. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historically, Celsius Holdings has exceeded EPS estimates, leading to significant share price increases. The stock has seen a 113.89% rise over the last 52 weeks, trading at $67.52 as of February 27.
February 28, 2024 | 3:02 pm
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Celsius Holdings is expected to report a quarterly EPS of $0.15, with a history of surpassing estimates. The stock has significantly appreciated over the past year, indicating strong investor confidence.
Given Celsius Holdings' history of exceeding EPS estimates and the positive trend in its stock price, there is a high likelihood of a positive short-term impact on CELH's stock price if the company beats the EPS estimate again and provides favorable guidance. The historical data shows a direct correlation between earnings performance and stock price movement, suggesting a similar outcome could occur.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100