Chewy Q4 2024 Adj EPS $0.18 Beats $(0.04) Estimate, Sales $2.830B Beat $2.794B Estimate
Portfolio Pulse from Benzinga Newsdesk
Chewy (NYSE:CHWY) reported Q4 2024 adjusted earnings per share (EPS) of $0.18, surpassing the analyst consensus estimate of $(0.04) by 550%. Quarterly sales reached $2.830 billion, exceeding the consensus estimate of $2.794 billion by 1.29%.
March 20, 2024 | 8:11 pm
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POSITIVE IMPACT
Chewy reported a significant beat on both EPS and sales estimates for Q4 2024, with EPS at $0.18 against a $(0.04) estimate and sales of $2.830B against a $2.794B estimate.
Chewy's significant outperformance in both earnings per share and sales for Q4 2024 suggests a strong operational efficiency and market demand. This positive surprise is likely to instill investor confidence and could lead to a short-term uptick in CHWY's stock price, given the substantial beat on both key financial metrics.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100