PetIQ Inc expected to post earnings of 26  cents a share - Earnings Preview

PetIQ

05/08/2023 03:15

* PetIQ Inc  PETQ.OQ   PETQ.O  is expected to show a rise in
quarterly revenue when it reports  results on August 8. 
    * The Eagle Idaho-based  company is expected to report  a
8.6% increase in revenue to $273.762 million from $252.01
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. The company's guidance on May
9 2023, for the period ended June 30, was for revenue between
$270.00 million and $280.00 million.
    * ​Refinitiv's mean analyst estimate for PetIQ Inc is for
earnings
of 26 cents 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 PetIQ Inc
is
$25​, above​ its last closing price of $16.99. ​​​

The company's guidance on May 9 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD270 million and USD26 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.35        0.35       0.45      Beat    29.5
 Dec. 31 2023  -0.12       -0.09      -0.10     Missed  -6.4
 Sep. 30 2022  0.06        0.06       0.15      Beat    158.6​
 Jun. 30 2022  0.34        0.34       0.51      Beat    50.9
 ​​Mar.        0.36        0.37       0.62      Beat    68.5
 31 2022                                                
 Dec. 31 2021  0.02        0.02       -0.01     Missed  -155.6
                                                        ​
 Sep. 30 2021  0.10        0.09       0.08      Missed  -11.1
 Jun. 30 2021  0.74        0.71       0.65      Missed  -8.5
 This summary was machine generated August 5 at 02:15 GMT.  All
figures in US dollars  unless otherwise stated