Petco Health and Wellness Company Inc expected to post a loss of 7 cents a share - Earnings Preview

Petco Health and Wellness

20/05/2024 12:04

* Petco Health and Wellness Company Inc  WOOF.OQ 
 WOOF.O  is
expected to show a fall in quarterly revenue when it reports 
results on May 22 for the period ending April 30 2024
    * The San Diego California-based  company is expected to
report a
2.8% decrease in revenue to $1.513 billion from $1.56 billion a
year ago, according to the mean estimate from 13 analysts, based
on LSEG data.The company's guidance on March 13 2024, for the
period ended April 30, was for revenue of $1.500 billion.
    * ​LSEG's mean analyst estimate for Petco Health and
Wellness
Company Inc is for a loss of 7 cents per share. The company's
EPS guidance on March 13 2024, for the period ended April
30, was about USD-0.06
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 10
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 2.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Petco
Health and
Wellness Company Inc is $2.60​, above​ its last closing price
of $2.49. ​​​

The company's guidance on March 13 2024 for the period ended
April 30 was for Earnings before Interest, Taxes, Depreciation
and Amortization of of USD70 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  
 Jan. 31 2024  0.02        0.02       0.02      Met     31.5
 Oct. 31 2024  0.02        0.02       -0.05     Missed  -350
 Jul. 31 2023  0.06        0.06       0.06      Met     6.4​
 Apr. 30 2023  0.05        0.05       0.06      Beat    21.9
 ​​Jan.        0.24        0.24       0.23      Missed  -4.3
 31 2023                                                
 Oct. 31 2022  0.15        0.16       0.16      Met     2.4​
 Jul. 31 2022  0.22        0.22       0.19      Missed  -14
 Apr. 30 2022  0.15        0.15       0.17      Beat    11.6
 This summary was machine generated May 20 at 11:04 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)