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Celsius (CELH) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended June 2024, Celsius Holdings Inc. (CELH - Free Report) reported revenue of $401.98 million, up 23.4% over the same period last year. EPS came in at $0.28, compared to $0.17 in the year-ago quarter.
The reported revenue represents a surprise of +3.37% over the Zacks Consensus Estimate of $388.87 million. With the consensus EPS estimate being $0.23, the EPS surprise was +21.74%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Celsius performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Geographic Revenues- North America
: $382.35 million versus $368.17 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +23% change.
Geographic Revenues- Other International
: $2.08 million compared to the $1.90 million average estimate based on two analysts. The reported number represents a change of +34.1% year over year.
Geographic Revenues- Asia-Pacific
: $0.86 million compared to the $1.81 million average estimate based on two analysts. The reported number represents a change of -46.5% year over year.
Geographic Revenues- Europe
: $16.68 million versus the two-analyst average estimate of $20.24 million. The reported number represents a year-over-year change of +40.1%.
Shares of Celsius have returned -26.2% over the past month versus the Zacks S&P 500 composite's -6.7% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.
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Celsius (CELH) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended June 2024, Celsius Holdings Inc. (CELH - Free Report) reported revenue of $401.98 million, up 23.4% over the same period last year. EPS came in at $0.28, compared to $0.17 in the year-ago quarter.
The reported revenue represents a surprise of +3.37% over the Zacks Consensus Estimate of $388.87 million. With the consensus EPS estimate being $0.23, the EPS surprise was +21.74%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Celsius performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Celsius here>>>Geographic Revenues- North America
: $382.35 million versus $368.17 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +23% change.Geographic Revenues- Other International
: $2.08 million compared to the $1.90 million average estimate based on two analysts. The reported number represents a change of +34.1% year over year.Geographic Revenues- Asia-Pacific
: $0.86 million compared to the $1.81 million average estimate based on two analysts. The reported number represents a change of -46.5% year over year.Geographic Revenues- Europe
: $16.68 million versus the two-analyst average estimate of $20.24 million. The reported number represents a year-over-year change of +40.1%.Shares of Celsius have returned -26.2% over the past month versus the Zacks S&P 500 composite's -6.7% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.