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

PetIQ

10/08/2022 24:08

* PetIQ Inc  PETQ.OQ  reported quarterly adjusted earnings
of 51
cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
34 cents per share.
    * Revenue fell 7% to $252.01 million from a year ago;
analysts
expected $259.41 million. 
    * PetIQ Inc's reported EPS for the quarter was 16 cents​.
    * The mean earnings estimate of analysts had fallen by
about 11.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * PetIQ Inc shares had risen by 7.1% this quarter and
lost 20.8%
so far this year.
    * The company reported quarterly net income of $4.63
million.
    * Wall Street's median 12-month price target for PetIQ Inc
is
$30.00 
    * 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 August 9
at 11:08 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.34           0.51           Beat
 Mar. 31 2022      0.37           0.62           Beat
 Dec. 31 2021      0.02           -0.01          Missed
 Sep. 30 2021      0.09           0.08           Missed