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International Markets and Celsius (CELH): A Deep Dive for Investors
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Have you looked into how Celsius Holdings Inc. (CELH - Free Report) performed internationally during the quarter ending June 2024? Considering the widespread global presence of this company, examining the trends in international revenues is essential for assessing its financial resilience and prospects for growth.
In the current era of a tightly interconnected global economy, the proficiency of a company to penetrate international markets significantly influences its financial health and trajectory of growth. For investors, the key is to grasp how reliant a company is on overseas markets, as this provides insights into the durability of its earnings, its ability to exploit different economic cycles, and its overall growth capabilities.
Presence in international markets can act as a hedge against domestic economic downturns and provide access to faster-growing economies. However, this diversification also brings complexities due to currency fluctuations, geopolitical risks and differing market dynamics.
While delving into CELH's performance for the past quarter, we observed some fascinating trends in the revenue from its foreign segments that are commonly modeled and observed by analysts on Wall Street.
The company's total revenue for the quarter amounted to $401.98 million, marking an increase of 23.4% from the year-ago quarter. We will next turn our attention to dissecting CELH's international revenue to get a clearer picture of how significant its operations are outside its main base.
A Dive into CELH's International Revenue Trends
During the quarter, Europe contributed $16.68 million in revenue, making up 4.2% of the total revenue. When compared to the consensus estimate of $20.24 million, this meant a surprise of -17.59%. Looking back, Europe contributed $14.14 million, or 4%, in the previous quarter, and $11.91 million, or 3.7%, in the same quarter of the previous year.
Of the total revenue, $0.86 million came from Asia-Pacific during the last fiscal quarter, accounting for 0.2%. This represented a surprise of -52.47% as analysts had expected the region to contribute $1.81 million to the total revenue. In comparison, the region contributed $0.68 million, or 0.2%, and $1.61 million, or 0.5%, to total revenue in the previous and year-ago quarters, respectively.
Other International accounted for 0.5% of the company's total revenue during the quarter, translating to $2.08 million. Revenues from this region represented a surprise of +9.38%, with Wall Street analysts collectively expecting $1.9 million. When compared to the preceding quarter and the same quarter in the previous year, Other International contributed $1.38 million (0.4%) and $1.55 million (0.5%) to the total revenue, respectively.
Prospective Revenues in International Markets
Wall Street analysts expect Celsius to report $416.56 million in total revenue for the current fiscal quarter, indicating an increase of 8.3% from the year-ago quarter. Europe, Asia-Pacific and Other International are expected to contribute 4.9% ($20.42 million), 0.3% ($1.41 million) and 0.4% ($1.58 million) to the total revenue, respectively.
For the full year, the company is expected to generate $1.57 billion in total revenue, up 19.1% from the previous year. Revenues from Europe, Asia-Pacific and Other International are expected to constitute 5% ($78.15 million), 0.3% ($4.85 million) and 0.5% ($7.16 million) of the total, respectively.
The Bottom Line
Relying on global markets for revenues presents both prospects and challenges for Celsius. Therefore, scrutinizing its international revenue trends is key to effectively forecasting the company's future outlook.
In an era of growing international ties and escalating geopolitical disputes, financial analysts on Wall Street pay keen attention to these developments to fine-tune their earnings estimations for businesses operating across borders. It's important to note, however, that a range of additional variables, like a company's local market status, also play a crucial role in shaping these forecasts.
We at Zacks strongly focus on the dynamic earnings forecast of companies, given that empirical studies have demonstrated its potent impact on the immediate price movement of stocks. Invariably, there's a positive relationship -- upward earnings predictions often result in an increase in stock prices.
Our proprietary stock rating tool, the Zacks Rank, with its externally validated exceptional track record, harnesses the power of earnings estimate revisions to serve as a dependable measure for anticipating the short-term price trends of stocks.
Image: Bigstock
International Markets and Celsius (CELH): A Deep Dive for Investors
Have you looked into how Celsius Holdings Inc. (CELH - Free Report) performed internationally during the quarter ending June 2024? Considering the widespread global presence of this company, examining the trends in international revenues is essential for assessing its financial resilience and prospects for growth.
In the current era of a tightly interconnected global economy, the proficiency of a company to penetrate international markets significantly influences its financial health and trajectory of growth. For investors, the key is to grasp how reliant a company is on overseas markets, as this provides insights into the durability of its earnings, its ability to exploit different economic cycles, and its overall growth capabilities.
Presence in international markets can act as a hedge against domestic economic downturns and provide access to faster-growing economies. However, this diversification also brings complexities due to currency fluctuations, geopolitical risks and differing market dynamics.
While delving into CELH's performance for the past quarter, we observed some fascinating trends in the revenue from its foreign segments that are commonly modeled and observed by analysts on Wall Street.
The company's total revenue for the quarter amounted to $401.98 million, marking an increase of 23.4% from the year-ago quarter. We will next turn our attention to dissecting CELH's international revenue to get a clearer picture of how significant its operations are outside its main base.
A Dive into CELH's International Revenue Trends
During the quarter, Europe contributed $16.68 million in revenue, making up 4.2% of the total revenue. When compared to the consensus estimate of $20.24 million, this meant a surprise of -17.59%. Looking back, Europe contributed $14.14 million, or 4%, in the previous quarter, and $11.91 million, or 3.7%, in the same quarter of the previous year.
Of the total revenue, $0.86 million came from Asia-Pacific during the last fiscal quarter, accounting for 0.2%. This represented a surprise of -52.47% as analysts had expected the region to contribute $1.81 million to the total revenue. In comparison, the region contributed $0.68 million, or 0.2%, and $1.61 million, or 0.5%, to total revenue in the previous and year-ago quarters, respectively.
Other International accounted for 0.5% of the company's total revenue during the quarter, translating to $2.08 million. Revenues from this region represented a surprise of +9.38%, with Wall Street analysts collectively expecting $1.9 million. When compared to the preceding quarter and the same quarter in the previous year, Other International contributed $1.38 million (0.4%) and $1.55 million (0.5%) to the total revenue, respectively.
Prospective Revenues in International Markets
Wall Street analysts expect Celsius to report $416.56 million in total revenue for the current fiscal quarter, indicating an increase of 8.3% from the year-ago quarter. Europe, Asia-Pacific and Other International are expected to contribute 4.9% ($20.42 million), 0.3% ($1.41 million) and 0.4% ($1.58 million) to the total revenue, respectively.For the full year, the company is expected to generate $1.57 billion in total revenue, up 19.1% from the previous year. Revenues from Europe, Asia-Pacific and Other International are expected to constitute 5% ($78.15 million), 0.3% ($4.85 million) and 0.5% ($7.16 million) of the total, respectively.
The Bottom Line
Relying on global markets for revenues presents both prospects and challenges for Celsius. Therefore, scrutinizing its international revenue trends is key to effectively forecasting the company's future outlook.In an era of growing international ties and escalating geopolitical disputes, financial analysts on Wall Street pay keen attention to these developments to fine-tune their earnings estimations for businesses operating across borders. It's important to note, however, that a range of additional variables, like a company's local market status, also play a crucial role in shaping these forecasts.
We at Zacks strongly focus on the dynamic earnings forecast of companies, given that empirical studies have demonstrated its potent impact on the immediate price movement of stocks. Invariably, there's a positive relationship -- upward earnings predictions often result in an increase in stock prices.
Our proprietary stock rating tool, the Zacks Rank, with its externally validated exceptional track record, harnesses the power of earnings estimate revisions to serve as a dependable measure for anticipating the short-term price trends of stocks.
At the moment, Celsius has a Zacks Rank #5 (Strong Sell), signifying that it may underperform the overall market trend in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Examining the Latest Trends in Celsius' Stock Value