Pet Valu Holdings Ltd reports results for the quarter ended in September 30 - Earnings Summary

Pet Valu Holdings

06/11/2024 05:20

* Pet Valu Holdings Ltd  PET.TO  reported quarterly adjusted
earnings of 41 cents​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of 39 cents.  The mean expectation of nine analysts
for the quarter was for earnings of 34 cents per share. Wall
Street expected results to range from 33 cents to 37 cents per
share.
    * Revenue rose 5.2% to C$276.03 million from a year ago;
analysts
expected C$267.80 million. 
    * Pet Valu Holdings Ltd's reported EPS for the quarter was
32
cents​.
    * The company reported quarterly net income of C$23.16
million.
    * Pet Valu Holdings Ltd shares had fallen by 3.7% this
quarter and
lost 13.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the miscellaneous
specialty retailers peer group is also "buy"

Wall Street's median 12-month price target for Pet Valu Holdings
Ltd is C$31.00 
This summary was machine generated from LSEG data November 6 at
05:20 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.34           0.41           Beat
 Jun. 30 2024      0.34           0.38           Beat
 Mar. 31 2024      0.31           0.35           Beat
 Dec. 31 2023      0.51           0.54           Beat