Petco Health and Wellness Company Inc expected to post a loss of 4 cents a share - Earnings Preview

Petco Health and Wellness

03/12/2024 21:05

* Petco Health and Wellness Company Inc  WOOF.OQ 
 WOOF.O  is
expected to show a rise in quarterly revenue when it reports 
results on December 5 for the period ending October 31 2024
    * The San Diego California-based  company is expected to
report a
0.5% increase in revenue to $1.501 billion from $1.49 billion a
year ago, according to the mean estimate from 10 analysts, based
on LSEG data.The company's guidance on September 10 2024, for
the period ended October 31, was for revenue of $1.500 billion.
    * ​LSEG's mean analyst estimate for Petco Health and
Wellness
Company Inc is for a loss of 4 cents per share. The company's
EPS guidance on September 10 2024, for the period ended October
31, was between $-0.04 and $-0.03 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 9
"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 $4.25​, below​ its last closing price
of $4.91. ​​​

The company's guidance on September 10 2024 for the period ended
October 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD1.5 billion and 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  
 Jul. 31 2024  -0.02       -0.02      -0.02     Met     13.6
 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.        0.06        0.06       0.06      Met     6.4
 31 2023                                                
 Apr. 30 2023  0.05        0.05       0.06      Beat    21.9​
 Jan. 31 2023  0.24        0.24       0.23      Missed  -4.3
 Oct. 31 2022  0.15        0.16       0.16      Met     2.4
 This summary was machine generated December 3 at 21:05 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)