Bark Inc expected to post a loss of 1 cent a share - Earnings Preview

Bark

31/05/2024 21:12

* Bark Inc  BARK.N   BARK.K  is expected to show a fall in
quarterly revenue when it reports  results on June 3 for the
period ending March 31 2024
    * The New York City-based  company is expected to report a
2.8% decrease in revenue to $122.433 million from $126.02
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.The company's guidance on February
7 2024, for the period ended March 31, was for revenue between
$118.40 million and $123.80 million.
    * ​LSEG's mean analyst estimate for Bark Inc is for a loss
of 1
cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Bark Inc is
$1.70​, above​ its last closing price of $1.35. ​​​

The company's guidance on February 7 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD118.4 million and USD3 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.05       -0.05      -0.05     Met     -1
 Sep. 30 0001  -0.03       -0.03      -0.01     Beat    67.7
 Jun. 30 2023  -0.08       -0.08      -0.05     Beat    39.8​
 Mar. 31 2023  -0.05       -0.04      -0.08     Missed  -78.8
 ​​Dec.        -0.09       -0.09      -0.12     Missed  -27.3
 31 2022                                                
 Sep. 30 2022  -0.08       -0.07      -0.03     Beat    60​
 Jun. 30 2022  -0.12       -0.12      -0.09     Beat    25
 Mar. 31 2022  -0.05       -0.05      -0.15     Missed  -200
 This summary was machine generated May 31 at 20:12 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)