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Celsius (CELH) Reports Q1 Earnings: What Key Metrics Have to Say

Zacks Equity Research
·2 min read

Celsius Holdings Inc. (CELH) reported $355.71 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 36.8%. EPS of $0.27 for the same period compares to $0.13 a year ago.

The reported revenue represents a surprise of -8.53% over the Zacks Consensus Estimate of $388.87 million. With the consensus EPS estimate being $0.20, the EPS surprise was +35.00%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

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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: $339.51 million compared to the $381.65 million average estimate based on four analysts. The reported number represents a change of +36.6% year over year.

  • Geographic Revenues- Other International: $1.38 million versus the two-analyst average estimate of $2.03 million. The reported number represents a year-over-year change of -6.6%.

  • Geographic Revenues- Asia: $0.68 million compared to the $1.61 million average estimate based on two analysts. The reported number represents a change of -46.3% year over year.

  • Geographic Revenues- Europe: $14.14 million versus $11.90 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +63.5% change.

View all Key Company Metrics for Celsius here>>>

Shares of Celsius have returned -6.5% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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Zacks Investment Research