PetIQ Inc expected to post a loss of 29 cents a share - Earnings Preview

PetIQ

26/02/2024 22:42

* PetIQ Inc  PETQ.OQ   PETQ.O  is expected to show a rise in
quarterly revenue when it reports  results on February 28 for
the period ending December 31 2023
    * The Eagle Idaho-based  company is expected to report a
2.7% increase in revenue to $189.049 million from $184.08
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for PetIQ Inc is for a loss
of 29
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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 PetIQ Inc
is
$28.00​, above​ its last closing price of $18.28. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.01        0.02       0.42      Beat    2,300
 Jun. 30 2023  0.26        0.26       0.46      Beat    76.9
 Mar. 31 2023  0.35        0.35       0.45      Beat    29.5​
 Dec. 31 2022  -0.12       -0.09      -0.10     Missed  -6.4
 ​​Sep.        0.06        0.06       0.15      Beat    158.6
 30 2022                                                
 Jun. 30 2022  0.34        0.34       0.51      Beat    50.9​
 Mar. 31 2022  0.36        0.37       0.62      Beat    68.5
 Dec. 31 2021  0.02        0.02       -0.01     Missed  -155.6
 This summary was machine generated February 26 at 22:42 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)