Bark Inc expected to post a loss of 4 cents a share - Earnings Preview

Bark

31/05/2023 11:05

* Bark Inc  BARK.N   BARK.K  is expected to show a fall in
quarterly revenue when it reports  results on June 1. 
    * The New York City-based  company is expected to report  a
6.1% decrease in revenue to $120.967 million from $128.83
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. The company's guidance on
February 9 2023, for the period ended March 31, was for revenue
of $121.000 million.
    * ​Refinitiv's mean analyst estimate for Bark Inc is for a
loss
of 4 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "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
$4​,
above​ its last closing price of $1.10. ​​​

The company's guidance on February 9 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of of USD-3 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.09       -0.09      -0.12     Missed  -27.3
 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
 ​​Dec.        -0.13       -0.13      -0.12     Beat    7.7
 31 2021                                                
 Sep. 30 2021  -0.12       -0.10      -0.07     Beat    33.3​
 Jun. 30 2021  -0.06       -0.06      -0.09     Missed  -52.5
 This summary was machine generated May 31 at 10:04 GMT.  All
figures in US dollars  unless otherwise stated