National Vision Holdings Inc. (EYE) experienced a significant pre-market plunge of 6.30% on Wednesday, following the release of its first-quarter 2026 financial results.
The company reported adjusted earnings per share of $0.45, surpassing the analyst consensus estimate of $0.43. However, quarterly sales of $543.9 million slightly missed the estimated $545.173 million. While the earnings beat and a year-over-year increase in sales were positive, the revenue miss appears to have disappointed investors.
Furthermore, the company reiterated its fiscal 2026 guidance, projecting revenue in the range of $2.03 billion to $2.09 billion and adjusted EPS between $0.85 and $1.09. Both ranges bracket the FactSet consensus estimates, which may be perceived as a cautious or neutral outlook by the market, contributing to the negative pre-market reaction.