Bark Inc reports results for the quarter ended in June - Earnings Summary

Bark

09/08/2022 23:01

* Bark Inc  BARK.N  reported a quarterly adjusted loss of 9
cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of 12
cents per share.
    * Revenue rose 11.5% to $131.15 million from a year ago;
analysts
expected $130.15 million. 
    * Bark Inc's reported EPS for the quarter was a loss of 9
cents​.
    * The mean earnings estimate of analysts had fallen by
about 500%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Bark Inc shares had risen by 36.7% this quarter and
lost 58.5%
so far this year.
    * The company reported a quarterly loss of $15.41 million.
    * Wall Street's median 12-month price target for Bark Inc is
$8.00
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 9
at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.12          -0.09          Beat
 Mar. 31 2022      -0.05          -0.15          Missed
 Dec. 31 2021      -0.13          -0.12          Beat
 Sep. 30 2021      -0.10          -0.07          Beat