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

Bark

08/08/2023 22:03

* Bark Inc  BARK.N  reported a quarterly adjusted loss of 5
cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 8 cents per share.
    * Revenue fell 8.1% to $120.59 million from a year ago;
analysts
expected $121.55 million. 
    * Bark Inc's reported EPS for the quarter was a loss of 7
cents​.
    * The mean earnings estimate of analysts had fallen by
about 96.1%
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 3.0% this quarter and
lost 8.1% so
far this year.
    * The company reported a quarterly loss of $11.66 million.
    * Wall Street's median 12-month price target for Bark Inc is
$3.50
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.08          -0.05          Beat
 Mar. 31 2023      -0.04          -0.08          Missed
 Dec. 31 2022      -0.09          -0.12          Missed
 Sep. 30 2022      -0.07          -0.03          Beat