Bark Inc expected to post breakeven results a share - Earnings Preview

Bark

06/11/2024 04:36

* Bark Inc  BARK.N   BARK.K  is expected to show a fall in
quarterly revenue when it reports  results on November 7 for the
period ending September 30 2024
    * The New York City-based  company is expected to report a
0.2% decrease in revenue to $122.733 million from $123.04
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.The company's guidance on August 7
2024, for the period ended September 30, was for revenue between
$123.00 million and $126.00 million.
    * ​LSEG's mean analyst estimate for Bark Inc is for
breakeven
results 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
2.04​, above​ its last closing price of $1.46. ​​​

The company's guidance on August 7 2024 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD123 million and USD3
million.The company's guidance on August 7 2024 for the period
ended September 30 was for gross profit margin of USD60%.
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   -0.04       -0.03      -0.02     Beat    42.3
 Mar. 31 0001  -0.01       -0.01      0.00      Beat    100
 Jan. 1 0001   -0.05       -0.05      -0.05     Met     -1​
 Sep. 30 2023  -0.03       -0.03      -0.01     Beat    67.7
 ​​Jun.        -0.08       -0.08      -0.05     Beat    39.8
 30 2023                                                
 Mar. 31 2023  -0.05       -0.04      -0.08     Missed  -78.8​
 Dec. 31 2022  -0.09       -0.09      -0.12     Missed  -27.3
 Jan. 1 0001   -0.08       -0.07      -0.03     Beat    60
 This summary was machine generated November 6 at 04:36 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)