Petco Health and Wellness Company Inc reports results for the quarter ended October 31 - Earnings Summary

Petco Health and Wellness

05/12/2024 22:01

* Petco Health and Wellness Company Inc  WOOF.OQ  reported a
quarterly adjusted loss of 2 cents​​ per share for the quarter
ended October 31, higher than the same quarter last year, when
the company reported EPS of -5 cents.  The mean expectation of
twelve analysts for the quarter was for a loss of 4 cents per
share. Wall Street expected results to range from -6 cents to -3
cents per share.
    * Revenue rose 1.2% to $1.51 billion from a year ago;
analysts
expected $1.50 billion. 
    * Petco Health and Wellness Company Inc's reported EPS for
the
quarter was a loss of 6 cents​.
    * The company reported a quarterly loss of $16.67 million.
    * Petco Health and Wellness Company Inc shares had risen
by 11.0%
this quarter and gained 59.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 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 $4.55 
This summary was machine generated from LSEG data December 5 at
10:00 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
 Oct. 31 2024      -0.04          -0.02          Beat
 Jul. 31 2024      -0.02          -0.02          Met
 Apr. 30 2024      -0.07          -0.04          Beat
 Jan. 31 2024      0.02           0.02           Met