Bark Inc expected to post a loss of 5 cents a share - Earnings Preview

Bark

05/02/2024 23:33

* Bark Inc  BARK.N   BARK.K  is expected to show a fall in
quarterly revenue when it reports  results on February 7 for the
period ending December 31 2023
    * The New York City-based  company is expected to report a
8.7% decrease in revenue to $122.636 million from $134.33
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.The company's guidance on November
8 2023, for the period ended December 31, was for revenue
between $119.00 million and $123.00 million.
    * ​LSEG's mean analyst estimate for Bark Inc is for a loss
of 5
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"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
$1.43​, above​ its last closing price of $0.87. ​​​

The company's guidance on November 8 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 119 million and -5
million (USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -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. 31 2022  -0.09       -0.09      -0.12     Missed  -27.3
 ​​Sep.        -0.08       -0.07      -0.03     Beat    60
 30 2022                                                
 Jun. 30 2022  -0.12       -0.12      -0.09     Beat    25​
 Mar. 31 2022  -0.05       -0.05      -0.15     Missed  -200
 Dec. 31 2021  -0.13       -0.13      -0.12     Beat    7.7
 This summary was machine generated February 5 at 23:33 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)