Petco Health and Wellness Company Inc reports results for the quarter ended in January - Earnings Summary

Petco Health and Wellness

13/03/2024 13:23

* Petco Health and Wellness Company Inc  WOOF.OQ  reported
quarterly adjusted earnings of 2 cents​​ per share for the
quarter ended in January, lower than the same quarter last year,
when the company reported EPS of 23 cents.  The mean expectation
of fifteen analysts for the quarter was for earnings of 2 cents
per share. Wall Street expected results to range from -1 cents
to 3 cents per share.
    * Revenue rose 6.1% to $1.67 billion from a year ago;
analysts
expected $1.62 billion. 
    * Petco Health and Wellness Company Inc's reported EPS for
the
quarter was a loss of 8 cents​.
    * The company reported a quarterly loss of $22.58 million.
    * Petco Health and Wellness Company Inc shares had fallen
by 19.0%
this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 11%
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 "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 10
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the miscellaneous
specialty retailers peer group is also "hold"

Wall Street's median 12-month price target for Petco Health and
Wellness Company Inc is $3.38 
This summary was machine generated from LSEG data March 13 at
01:22 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2024      0.02           0.02           Met
 Oct. 31 2023      0.02           -0.05          Missed
 Jul. 31 2023      0.06           0.06           Met
 Apr. 30 2023      0.05           0.06           Beat