Pet Valu Holdings Ltd expected to post earnings of 31 cents a share - Earnings Preview

Pet Valu Holdings

03/05/2024 14:17

* Pet Valu Holdings Ltd  PET.TO   is expected to show a rise
in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Markham Ontario-based  company is expected to report a
3.4% increase in revenue to C$258.76 million from C$250.29
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Pet Valu Holdings Ltd is
for
earnings of 31 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Pet Valu
Holdings
Ltd is C$36.00​, above​ its last closing price of C$31.38. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.50        0.51       0.54      Beat    5
 Sep. 30 2023  0.38        0.38       0.39      Beat    2.2
 Jun. 30 2023  0.34        0.34       0.36      Beat    7.3​
 Jan. 1 0001   0.34        0.34       0.32      Missed  -7
 ​​Dec.        0.42        0.42       0.43      Beat    1.9
 31 2022                                                
 Sep. 30 2022  0.38        0.37       0.43      Beat    15.6​
 Jan. 1 0001   0.32        0.32       0.39      Beat    21.3
 Mar. 31 2022  0.28        0.28       0.35      Beat    25.5
 This summary was machine generated May 3 at 13:17 GMT.  All
figures in Canadian dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)