Chewy (CHWY) Lags Q3 Earnings Estimates
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Chewy (CHWY) reported Q3 earnings of $0.20 per share, missing the Zacks Consensus Estimate of $0.23 per share, but showing an improvement from $0.15 per share a year ago.
December 04, 2024 | 2:30 pm
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NEGATIVE IMPACT
Chewy reported Q3 earnings of $0.20 per share, missing the Zacks Consensus Estimate of $0.23. This could lead to a negative short-term impact on the stock price.
Chewy's earnings per share of $0.20 fell short of the expected $0.23, which is typically viewed negatively by investors and could lead to a short-term decline in stock price. However, the earnings are an improvement from the previous year's $0.15, which may mitigate some negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100