Celsius Holdings beats estimates but shares give back premarket gains
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- Celsius Holdings Inc (CELH) beat on both lines, yet the stock gave back its premarket pop. Shares were $30.02 (-2.39%) as of Nov 5, 1:24 PM EST. They had opened at $32.84 and traded as high as $33.69. Premarket had been up roughly 5–10%. The market is separating…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishDespite beating on EPS and revenue, the stock reversed its premarket gains, signaling doubts about result quality.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Celsius reported EPS of $0.41 versus $0.34 expected and revenue of $847.2M versus $800.0M estimated.
- 02Gross margin fell to 46.8% from 51.3% a year ago.
- 03Shares were down 2.39% at $30.02.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Celsius Holdings, Inc.30.04 USDMarket closedtoday -2.31%Negative PepsiCo, Inc.142.71 USDMarket closedtoday +0.20%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets