Celsius Holdings, Inc. (NASDAQ:CELH ) Q4 2024 Earnings Conference Call February 20, 2025 6:00 PM ET Company Participants Paul Wiseman - Investor Relations John Fieldly - Chairman and Chief Executive Officer Jarrod Langhans - Chief Financial Officer Toby David - Chief of Staff Conference Call Participants Kaumil Gajrawala - Jefferies Jim Salera - Stephens Peter Grom - UBS Eric Serotta - Morgan Stanley Gerald Pascarelli - Needham & Company Andrea Teixeira - J.P. Morgan Michael Lavery - Piper Sandler Sean McGowan - ROTH Capital Partners Kevin Grundy - BNP Paribas Mark Astrachan - Stifel Nicolaus Jeff Van Sinderen - B.
Energy drink maker Celsius topped estimates for Q4 results late Thursday and announced plans to buy rival Alani Nu. The post Celsius Spikes On Earnings, $1.8 Billion Acquisition appeared first on Investor's Business Daily.
Jenny Horne gets the day started with some energy! Celsius (CELH) earnings catapulted over expectations and the company's guidance got a big boost after it announced a $1.8B deal to takeover Alani Nu.
Investors appear reassured by the company's potential growth prospects, given its record full-year revenue and its acquisition of a rival energy drink brand.
Celsius Holdings, Inc. announced Q4 2024 earnings, revealing a 4% sales decline but a significant 30% stock surge post-earnings presentation. Besides sales pressure in the US, CELH's international sales grew 37% in 2024, driven by expansion into new markets like the UK and Australia. The $1.65 billion Alani Nu acquisition is expected to boost revenue by $595 million, expand market share, and generate $50 million in annual cost synergies.
Celsius Holdings Inc. (CELH) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.17 per share a year ago.
Here's our initial take on Celsius Holdings' (CELH -2.15%) fourth-quarter financial report.
Celsius Holdings (CELH -2.15%), known for its innovative energy drinks, released its Q4 2024 earnings on February 20, 2025.
Celsius is set to acquire rival energy drink brand Alani Nu for $1.8 billion, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
Celsius' sudden notice that the energy drink maker will report earnings and participate in a conference was viewed as positive by investors.
Celsius Holdings Inc (NASDAQ:CELH) will announce its fourth-quarter earnings report after the close on Thursday, Feb. 20.
Shares of energy drink company Celsius (CELH 12.14%) surprisingly jumped on Wednesday after the company announced when it would release quarterly financial results and announced that it would participate in an investor conference. That would ordinarily be trivial news.