Rover Group Inc expected to post a loss of 5 cents a share - Earnings Preview

Rover

06/05/2023 03:06

* Rover Group Inc  ROVR.OQ   ROVR.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 8. 
    * The Seattle Washington-based  company is expected to
report  a
36.7% increase in revenue to $38.034 million from $27.82 million
a year ago, according to the mean estimate from 8 analysts,
based on Refinitiv data. The company's guidance on February 27
2023, for the period ended March 31, was for revenue between
$37.00 million and $39.00 million.
    * ​Refinitiv's mean analyst estimate for Rover Group Inc is
for a
loss of 5 cents 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 $5.38​, above​ its last closing price of $3.97. ​​​

The company's guidance on February 27 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between 37 million and -3 million (USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  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. 31 2022  -0.07       -0.07      -0.07     Met     0
 ​​Dec.        -0.02       -0.01      -0.03     Missed  -125.1
 31 2021                                                
 Sep. 30 2021  -0.07       -0.06      -0.01     Beat    83.7​
 This summary was machine generated May 6 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated