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

PetIQ

08/08/2023 23:41

* PetIQ Inc  PETQ.OQ  reported quarterly adjusted earnings
of 46
cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of 26 cents per share.
    * Revenue rose 10.4% to $278.17 million from a year ago;
analysts
expected $273.76 million. 
    * PetIQ Inc's reported EPS for the quarter was 32 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * PetIQ Inc shares had risen by 13.6% this quarter and
gained 86.9% so far this year.
    * Wall Street's median 12-month price target for PetIQ Inc
is
$25.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 10:40 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.26           0.46           Beat
 Mar. 31 2023      0.35           0.45           Beat
 Dec. 31 2022      -0.09          -0.10          Missed
 Sep. 30 2022      0.06           0.15           Beat