Energy drink company Celsius (NASDAQ: CELH) will be announcing earnings results this Thursday before the bell. Here’s what investors should know.
Celsius beat analysts’ revenue expectations by 14% last quarter, reporting revenues of $739.3 million, up 83.9% year on year. It was an incredible quarter for the company, with a beat of analysts’ EPS estimates and a solid beat of analysts’ EBITDA estimates.
Is Celsius a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Celsius’s revenue to grow 170% year on year to $716.4 million, a reversal from the 30.9% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.28 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Celsius has missed Wall Street’s revenue estimates three times over the last two years.
Looking at Celsius’s peers in the beverages, alcohol, and tobacco segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Vita Coco delivered year-on-year revenue growth of 37.2%, beating analysts’ expectations by 15.2%, and MGP Ingredients reported a revenue decline of 18.9%, topping estimates by 2.1%. Vita Coco’s stock price was unchanged after the resultswhile MGP Ingredients was up 2.2%.
Read our full analysis of Vita Coco’s results here and MGP Ingredients’s results here.
The outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. While some of the beverages, alcohol, and tobacco stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 6.3% on average over the last month. Celsius’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $69.05 (compared to the current share price of $59).
The biggest winners—Microsoft, Alphabet, Coca-Cola, Monster Beverage—were all riding powerful megatrends before Wall Street caught on. We’ve just identified an under-the-radar profitable growth stock positioned at the center of the AI boom. Get it FREE here before the crowd discovers it. GO HERE NOW.
StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
