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BUZZ-National Vision shares edge up after upbeat prelim rev

ReutersJan 17, 2025 5:00 PM

Shares of National Vision Holdings EYE.O are up 0.4% on Fri after the optical retail co announced preliminary Q4 rev above analyst expectations and also the depature of its CFO

The co late Thurs said it expects Q4 2024 net rev of about $437 mln; the consensus estimate, according to LSEG, was for net rev of $433.6 mln

Co also said its CFO was to depart "following transition period"

Analyst recommendations on the stock include four "strong buy" or "buy" ratings, six "hold" ratings and one "sell" rating, based on LSEG data

The median PT on EYE is $12.50; the stock was last at $10.80

Including the session move, EYE is up 3.6% YTD after falling about 50% in 2024, while the Nasdaq .IXIC is up 1.6% YTD after a roughly 29% gain in 2024

(Reporting by Caroline Valetkevitch)

((caroline.valetkevitch@thomsonreuters.com))

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