Chewy Inc reports results for the quarter ended October 31 - Earnings Summary

Chewy

04/12/2024 14:32

* Chewy Inc  CHWY.N  reported quarterly adjusted earnings of
1
cent​​ per share for the quarter ended October 31, higher than
the same quarter last year, when the company reported EPS of -8
cents.  The mean expectation of twenty four analysts for the
quarter was for earnings of 8 cents per share. Wall Street
expected results to range from 3 cents to 40 cents per share.
    * Revenue rose 5.1% to $2.88 billion from a year ago;
analysts
expected $2.88 billion. 
    * Chewy Inc's reported EPS for the quarter was 1 cent​.
    * The company reported quarterly net income of $3.93
million.
    * Chewy Inc shares had risen by 14.8% this quarter and
gained 42.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 4.4%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 17 "strong buy" or "buy," 14
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the miscellaneous
specialty retailers peer group is also "buy"

Wall Street's median 12-month price target for Chewy Inc is
$34.50 
This summary was machine generated from LSEG data December 4 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2024      0.08           0.01           Missed
 Jul. 31 2024      0.01           0.05           Beat
 Apr. 30 2024      0.06           0.15           Beat
 Jan. 31 2024      -0.04          0.11           Beat