National Vision Holdings (NASDAQ:EYE) reported its Q2 earnings results on Thursday, August 11, 2022 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
National Vision Holdings beat estimated earnings by 250.0%, reporting an EPS of $0.21 versus an estimate of $0.06.
Revenue was down $39.93 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 7.74% drop in the share price the next day.
Here’s a look at National Vision Holdings’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.30 | -0.02 | 0.25 | 0.22 |
| EPS Actual | 0.33 | 0.13 | 0.38 | 0.48 |
| Revenue Estimate | 536.20M | 459.56M | 511.64M | 482.51M |
| Revenue Actual | 527.71M | 477.85M | 518.00M | 549.49M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
National Vision Holdings management provided guidance for FY 2022, expecting earnings between $0.65 and $0.77 per share.
To track all earnings releases for National Vision Holdings visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
