Chewy (NYSE:CHWY) reported its Q1 earnings results on Wednesday, May 31, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Chewy beat estimated earnings by 225.0%, reporting an EPS of $0.05 versus an estimate of $-0.04.
Revenue was up $357.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.12 which was followed by a 7.49% drop in the share price the next day.
Here’s a look at Chewy’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.11 | -0.09 | -0.11 | -0.13 |
| EPS Actual | 0.01 | 0.01 | 0.05 | 0.04 |
| Revenue Estimate | 2.64B | 2.46B | 2.48B | 2.42B |
| Revenue Actual | 2.71B | 2.53B | 2.43B | 2.43B |
To track all earnings releases for Chewy visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
