Bark Inc expected to post a loss of 8 cents a share - Earnings Preview

Bark

05/08/2023 03:16

* Bark Inc  BARK.N   BARK.K  is expected to show a fall in
quarterly revenue when it reports  results on August 8. 
    * The New York City-based  company is expected to report  a
7.3% decrease in revenue to $121.55 million from $131.15 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. The company's guidance on June 1 2023,
for the period ended June 30, was for revenue between $121.00
million and $123.00 million.
    * ​Refinitiv's mean analyst estimate for Bark Inc is for a
loss
of 8 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 3 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 5.9%
in the last three months. ​
    * Wall Street's median 12-month price target for Bark Inc is
$3.5​, above​ its last closing price of $1.37. ​​​

The company's guidance on June 1 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between 121 million and -10 million (USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.05       -0.04      -0.08     Missed  -78.8
 Dec. 31 2023  -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.        -0.05       -0.05      -0.15     Missed  -200
 31 2022                                                
 Dec. 31 2021  -0.13       -0.13      -0.12     Beat    7.7​
 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 August 5 at 02:16 GMT.  All
figures in US dollars  unless otherwise stated