BUZZ-National Vision shares edge up after upbeat prelim rev

Reuters
18 Jan
BUZZ-<a href="https://laohu8.com/S/EYE">National Vision</a> shares edge up after upbeat prelim rev

** Shares of National Vision Holdings EYE.O are up 0.4% on Fri after the optical retail co announced preliminary Q4 rev above analyst expectations and also the depature of its CFO

** The co late Thurs said it expects Q4 2024 net rev of about $437 mln; the consensus estimate, according to LSEG, was for net rev of $433.6 mln

** Co also said its CFO was to depart "following transition period"

** Analyst recommendations on the stock include four "strong buy" or "buy" ratings, six "hold" ratings and one "sell" rating, based on LSEG data

** The median PT on EYE is $12.50; the stock was last at $10.80

** Including the session move, EYE is up 3.6% YTD after falling about 50% in 2024, while the Nasdaq .IXIC is up 1.6% YTD after a roughly 29% gain in 2024

(Reporting by Caroline Valetkevitch)

((caroline.valetkevitch@thomsonreuters.com))

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