PetIQ Inc reports results for the quarter ended in December - Earnings Summary

PetIQ

01/03/2023 03:17

* PetIQ Inc  PETQ.OQ  reported a quarterly adjusted loss
of 10
cents​​ per share for the quarter ended in December. The mean
expectation of five analysts for the quarter was for a loss of 9
cents per share.
    * Revenue fell 6.4% to $184.08 million from a year ago;
analysts
expected $192.49 million. 
    * PetIQ Inc's reported EPS for the quarter was a loss of 24
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2,250% in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * PetIQ Inc shares had risen by 3.4% this quarter.
    * The company reported a quarterly loss of $6.84 million.
    * Wall Street's median 12-month price target for PetIQ Inc
is
$20.50 
    * 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." 

This summary was machine generated from Refinitiv data March 1
at 03:16 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.09          -0.10          Missed
 Sep. 30 2022      0.06           0.15           Beat
 Jun. 30 2022      0.34           0.51           Beat
 Mar. 31 2022      0.37           0.62           Beat