Rover Group Inc expected to post a loss of 1 cent a share - Earnings Preview

Rover

29/07/2023 24:40

* Rover Group Inc  ROVR.OQ   ROVR.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 1. 
    * The Seattle Washington-based  company is expected to
report  a
20.3% increase in revenue to $52.177 million from $43.37 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. The company's guidance on May 8 2023,
for the period ended June 30, was for revenue between $51.00
million and $53.00 million.
    * ​Refinitiv's mean analyst estimate for Rover Group Inc is
for a
loss of 1 cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"hold" and no "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 Rover Group
Inc
is $6​, above​ its last closing price of $5.40. ​​​

The company's guidance on May 8 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD51 million and USD5 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.05       -0.05      -0.03     Beat    44.9
 Dec. 31 2023  0.00        0.00       0.03      Beat    1,451.
                                                        4
 Sep. 30 2022  0.00        0.00       -0.08     Missed  -2,302
                                                        .4​
 Jun. 30 2022  -0.03       -0.04      -0.02     Beat    44.8
 ​​Mar.        -0.07       -0.07      -0.07     Met     0
 31 2022                                                
 Dec. 31 2021  -0.02       -0.01      -0.03     Missed  -125.1
                                                        ​
 Sep. 30 2021  -0.07       -0.06      -0.01     Beat    83.7
 This summary was machine generated July 28 at 23:40 GMT.  All
figures in US dollars  unless otherwise stated