Petco Health and Wellness Company Inc expected to post a loss of 2 cents a share - Earnings Preview

Petco Health and Wellness

06/09/2024 21:12

* Petco Health and Wellness Company Inc  WOOF.OQ 
 WOOF.O  is
expected to show a fall in quarterly revenue when it reports 
results on September 10 for the period ending July 31 2024
    * The San Diego California-based  company is expected to
report a
0.4% decrease in revenue to $1.525 billion from $1.53 billion a
year ago, according to the mean estimate from 10 analysts, based
on LSEG data.The company's guidance on May 22 2024, for the
period ended July 31, was for revenue of $1.525 billion.
    * ​LSEG's mean analyst estimate for Petco Health and
Wellness
Company Inc is for a loss of 2 cents per share. The company's
EPS guidance on May 22 2024, for the period ended July 31, was
about USD-0.02
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 10
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Petco
Health and
Wellness Company Inc is $3.00​, below​ its last closing price
of $3.12. ​​​

The company's guidance on May 22 2024 for the period ended July
31 was for Earnings before Interest, Taxes, Depreciation and
Amortization of of USD80 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Apr. 30 2024  -0.07       -0.07      -0.04     Beat    40
 Jan. 31 2024  0.02        0.02       0.02      Met     31.5
 Oct. 31 2023  0.02        0.02       -0.05     Missed  -350​
 Jul. 31 2023  0.06        0.06       0.06      Met     6.4
 ​​Jan.        0.05        0.05       0.06      Beat    21.9
 1 0001                                                 
 Jan. 1 0001   0.24        0.24       0.23      Missed  -4.3​
 Jan. 1 0001   0.15        0.16       0.16      Met     2.4
 Jul. 31 2022  0.22        0.22       0.19      Missed  -14
 This summary was machine generated September 6 at 20:12 GMT. 
All figures in US 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)