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

Bark

01/06/2023 22:02

* Bark Inc  BARK.N  reported a quarterly adjusted loss of 8
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for a loss of 4
cents per share.
    * Revenue fell 2.2% to $126.02 million from a year ago;
analysts
expected $120.97 million. 
    * Bark Inc's reported EPS for the quarter was a loss of 8
cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Bark Inc shares had fallen by 28.3% this quarter and
lost 30.2%
so far this year.
    * The company reported a quarterly loss of $14.2 million.
    * Wall Street's median 12-month price target for Bark Inc is
$4.00
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data June
1 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.04          -0.08          Missed
 Dec. 31 2022      -0.09          -0.12          Missed
 Sep. 30 2022      -0.07          -0.03          Beat
 Jun. 30 2022      -0.12          -0.09          Beat