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

Petco Health and Wellness

29/11/2023 13:01

* Petco Health and Wellness Company Inc  WOOF.OQ  reported a
quarterly adjusted loss of 5 cents​​ per share for the quarter
ended in October, lower than the same quarter last year, when
the company reported EPS of 16 cents.  The mean expectation of
fourteen analysts for the quarter was for earnings of 2 cents
per share. Wall Street expected results to range from zero cents
to 3 cents per share.
    * Revenue fell 0.5% to $1.49 billion from a year ago;
analysts
expected $1.51 billion. 
    * Petco Health and Wellness Company Inc's reported EPS for
the
quarter was a loss of $4.63​.
    * The company reported a quarterly loss of $1.24 billion.
    * Petco Health and Wellness Company Inc shares had fallen
by 6.1%
this quarter and lost 59.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.9%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 7
"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 Petco Health and
Wellness Company Inc is $6.00 
This summary was machine generated from LSEG data November 29 at
01:00 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2023      0.02           -0.05          Missed
 Jul. 31 2023      0.06           0.06           Met
 Apr. 30 2023      0.05           0.06           Beat
 Jan. 31 2023      0.24           0.23           Missed