Chewy Inc reports results for the quarter ended January 31 - Earnings Summary

• Chewy Inc CHWY.N reported quarterly adjusted earnings of 5 cents​​ per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of 11 cents. The mean expectation of twenty four analysts for the quarter was for earnings of 5 cents per share. Wall Street expected results to range from -2 cents to 36 cents per share.

• Revenue rose 14.9% to $3.25 billion from a year ago; analysts expected $3.20 billion.

• Chewy Inc's reported EPS for the quarter was 5 cents​.

• The company reported quarterly net income of $22.79 million.

• Chewy Inc shares had risen by 0.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 6.6% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy," 11 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the miscellaneous specialty retailers peer group is also "buy"

Wall Street's median 12-month price target for Chewy Inc is $40.00

This summary was machine generated from LSEG data March 26 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)