Celsius Holdings Q4 EPS $0.17 Beats $0.15 Estimate, Sales $347.44M Beat $331.49M Estimate
Portfolio Pulse from Benzinga Newsdesk
Celsius Holdings (NASDAQ:CELH) reported Q4 earnings of $0.17 per share, surpassing the $0.15 estimate, marking a 241.67% increase from last year. Sales reached $347.44M, exceeding the $331.49M estimate, up 95.23% from the previous year.
February 29, 2024 | 11:23 am
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Celsius Holdings reported a significant beat on both earnings and sales estimates for Q4, with earnings per share at $0.17 and sales at $347.44M.
The substantial beat on both earnings per share and sales estimates, coupled with a significant year-over-year growth, indicates a strong performance by Celsius Holdings. This is likely to positively influence investor sentiment and could lead to an uptick in CELH's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100