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via finance.yahoo.comBusiness & Companies

Celsius Holdings stock jumps on Q3 beat as Alani Nu growth offsets weakness

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Celsius Holdings Inc. (NASDAQ: CELH) reported third-quarter results that exceeded analyst expectations, sending shares over 10% higher in premarket trading on Thursday. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishEarnings and revenue above estimates lift the stock, with Alani Nu growth offsetting the CELSIUS brand decline.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Adjusted EPS of 0.41 dollars beat the 0.34 dollar consensus.
  2. 02Revenue of 847.2 million dollars surpassed the 800.03 million estimate.
  3. 03Alani Nu revenue rose 24% to 410.1 million, while CELSIUS brand revenue fell about 6%.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Celsius Holdings, Inc.CELHStock30.75 USDMarket closedtoday +2.57%Positive PepsiCo, Inc.PEPStock142.42 USDMarket closedtoday +3.75%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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