Chewy (CHWY) to Release Earnings on Tuesday

Share on StockTwits

Chewy (NYSE:CHWY) will be releasing its earnings data after the market closes on Tuesday, September 17th. Analysts expect Chewy to post earnings of ($0.11) per share for the quarter. Chewy has set its Q2 2019 guidance at EPS and its FY 2019 guidance at EPS.Persons interested in registering for the company’s earnings conference call can do so using this link.

Chewy (NYSE:CHWY) last announced its quarterly earnings data on Thursday, July 18th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.01). The business had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.11 billion. The firm’s quarterly revenue was up 45.2% on a year-over-year basis. During the same quarter last year, the firm earned ($0.15) EPS. On average, analysts expect Chewy to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of Chewy stock opened at $29.48 on Monday. Chewy has a 12-month low of $29.03 and a 12-month high of $41.34. The business’s 50-day moving average price is $32.32.

In other Chewy news, insider Stacy Bowman acquired 35,500 shares of the company’s stock in a transaction that occurred on Tuesday, June 18th. The stock was acquired at an average price of $22.00 per share, for a total transaction of $781,000.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Sumit Singh acquired 11,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 18th. The stock was acquired at an average price of $22.00 per share, with a total value of $242,000.00. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 152,500 shares of company stock valued at $3,355,000.

A number of research firms have recently commented on CHWY. Nomura began coverage on shares of Chewy in a report on Tuesday, July 9th. They issued a “neutral” rating and a $36.00 target price for the company. Morgan Stanley increased their target price on shares of Chewy from $33.00 to $34.00 and gave the stock an “equal weight” rating in a report on Friday, July 19th. Bank of America began coverage on shares of Chewy in a report on Tuesday, July 9th. They issued a “buy” rating and a $40.00 target price for the company. Wells Fargo & Co began coverage on shares of Chewy in a report on Tuesday, July 9th. They issued an “outperform” rating and a $40.00 target price for the company. Finally, Zacks Investment Research raised shares of Chewy from a “hold” rating to a “buy” rating and set a $35.00 target price for the company in a report on Tuesday, August 20th. Seven research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $36.73.

Chewy Company Profile

Chewy, Inc, together with its subsidiaries, engages in the pure play e-commerce business in the United States. The company provides pet food, pet products, pet medications, and other pet health products for dogs, cats, fish, birds, small pets, horses, and reptiles through its chewy.com retail Website, as well as its mobile applications.

Read More: What are the benefits of investing in REITs?

Receive News & Ratings for Chewy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chewy and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

$160.95 Million in Sales Expected for Trustmark Corp  This Quarter
$160.95 Million in Sales Expected for Trustmark Corp This Quarter
Zacks: Brokerages Anticipate NN, Inc.  Will Announce Quarterly Sales of $215.68 Million
Zacks: Brokerages Anticipate NN, Inc. Will Announce Quarterly Sales of $215.68 Million
Zacks: Analysts Expect Secureworks Corp  Will Post Quarterly Sales of $136.26 Million
Zacks: Analysts Expect Secureworks Corp Will Post Quarterly Sales of $136.26 Million
Ubcoin Market Trading 33.1% Higher  Over Last Week
Ubcoin Market Trading 33.1% Higher Over Last Week
eBoost Price Up 8.2% Over Last Week
eBoost Price Up 8.2% Over Last Week
Safe Haven  Tops 24-Hour Trading Volume of $123,024.00
Safe Haven Tops 24-Hour Trading Volume of $123,024.00


© 2006-2019 Ticker Report