Chewy Falls 1.29% to $22.13 as Q3 EPS Is Seen Rising 9.09%
Updated
Updated · Yahoo Finance · Aug 17
Chewy Falls 1.29% to $22.13 as Q3 EPS Is Seen Rising 9.09%
1 articles · Updated · Yahoo Finance · Aug 17
Summary
Chewy closed at $22.13 on Monday, down 1.29% and underperforming the S&P 500’s 0.52% decline, while the Dow fell 0.51% and the Nasdaq lost 0.32%.
The pullback follows a stronger recent run: Chewy shares are still up 7.12% over the past month, ahead of the Retail-Wholesale sector’s 3.74% gain and the S&P 500’s 3.3% rise.
Attention is shifting to Chewy’s next earnings report, with analysts projecting quarterly EPS of $0.36 on revenue of $3.32 billion, up 9.09% and 6.83% from a year earlier.
For the full year, consensus calls for EPS of $1.53 and revenue of $13.49 billion, while the stock carries a Zacks Rank #3 Hold and trades at a 14.68 forward P/E versus its industry’s 19.07.