Chewy Inc reports results for the quarter ended April 30 - Earnings Summary

• Chewy Inc CHWY.N reported quarterly adjusted earnings of 16 cents​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 15 cents. The mean expectation of twenty four analysts for the quarter was for earnings of 20 cents per share. Wall Street expected results to range from 14 cents to 34 cents per share.

• Revenue rose 8.3% to $3.12 billion from a year ago; analysts expected $3.08 billion.

• Chewy Inc's reported EPS for the quarter was 15 cents​.

• The company reported quarterly net income of $62.4 million.

• Chewy Inc shares had risen by 40.8% this quarter and gained 36.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 22.2% 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 18 "strong buy" or "buy," 13 "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 $42.00

This summary was machine generated from LSEG data June 11 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)