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

PetIQ

10/05/2023 12:43

* PetIQ Inc  PETQ.OQ  reported quarterly adjusted earnings
of 45
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
35 cents per share.
    * Revenue rose 5.4% to $290.47 million from a year ago;
analysts
expected $277.23 million. 
    * The mean earnings estimate of analysts had fallen by
about 13.1%
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 1.4% this quarter and
gained 25.8%
so far this year.
    * Wall Street's median 12-month price target for PetIQ Inc
is
$21.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
10 at 11:43 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.35           0.45           Beat
 Dec. 31 2022      -0.09          -0.10          Missed
 Sep. 30 2022      0.06           0.15           Beat
 Jun. 30 2022      0.34           0.51           Beat