We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Stay Ahead of the Game With Chewy (CHWY) Q4 Earnings: Wall Street's Insights on Key Metrics
Read MoreHide Full Article
Wall Street analysts expect Chewy (CHWY - Free Report) to post quarterly earnings of $0.28 per share in its upcoming report, which indicates no change from the year-ago quarter. Revenues are expected to be $3.26 billion, up 0.3% from the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.5% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
With that in mind, let's delve into the average projections of some Chewy metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts expect 'Net Sales- Consumables' to come in at $2.28 billion. The estimate points to a change of -0.5% from the year-ago quarter.
The consensus estimate for 'Net Sales- Other' stands at $614.45 million. The estimate suggests a change of +3.8% year over year.
The average prediction of analysts places 'Net Sales- Hardgoods' at $375.99 million. The estimate indicates a year-over-year change of +2.9%.
The collective assessment of analysts points to an estimated 'Active customers' of 21,271 . The estimate compares to the year-ago value of 20,514 .
Analysts' assessment points toward 'Net sales per active customer' reaching $593.06 . Compared to the current estimate, the company reported $578.00 in the same quarter of the previous year.
Chewy shares have witnessed a change of -6.1% in the past month, in contrast to the Zacks S&P 500 composite's -3.6% move. With a Zacks Rank #3 (Hold), CHWY is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Stay Ahead of the Game With Chewy (CHWY) Q4 Earnings: Wall Street's Insights on Key Metrics
Wall Street analysts expect Chewy (CHWY - Free Report) to post quarterly earnings of $0.28 per share in its upcoming report, which indicates no change from the year-ago quarter. Revenues are expected to be $3.26 billion, up 0.3% from the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.5% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
With that in mind, let's delve into the average projections of some Chewy metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts expect 'Net Sales- Consumables' to come in at $2.28 billion. The estimate points to a change of -0.5% from the year-ago quarter.
The consensus estimate for 'Net Sales- Other' stands at $614.45 million. The estimate suggests a change of +3.8% year over year.
The average prediction of analysts places 'Net Sales- Hardgoods' at $375.99 million. The estimate indicates a year-over-year change of +2.9%.
The collective assessment of analysts points to an estimated 'Active customers' of 21,271 . The estimate compares to the year-ago value of 20,514 .
Analysts' assessment points toward 'Net sales per active customer' reaching $593.06 . Compared to the current estimate, the company reported $578.00 in the same quarter of the previous year.
View all Key Company Metrics for Chewy here>>>Chewy shares have witnessed a change of -6.1% in the past month, in contrast to the Zacks S&P 500 composite's -3.6% move. With a Zacks Rank #3 (Hold), CHWY is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .