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The Chefs' Warehouse (NASDAQ:CHEF) announces its next round of earnings this Wednesday, July 31. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement.
Earnings and Revenue
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Based on The Chefs' Warehouse management projections, analysts predict EPS of 30 cents on revenue of $410.21 million.
In the same quarter last year, The Chefs' Warehouse reported EPS of 24 cents on revenue of $370.44 million. The Wall Street estimate would represent a 25.00% increase in the company's earnings. Sales would be up 10.74% from the same quarter last year. The Chefs' Warehouse's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 | Q1 2018 |
| EPS Estimate | 0.050 | 0.32 | 0.19 | 0.22 | |
| EPS Actual | 0.050 | 0.32 | 0.19 | 0.24 | 0.03 |
Stock Performance
Over the last 52-week period, shares are up 24.84%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The average rating by analysts on The Chefs' Warehouse stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
The Chefs' Warehouse is scheduled to hold a conference call at 5:00 p.m. ET and can be accessed here: https://edge.media-server.com/mmc/p/zskq7odp
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.