Rover Group Inc expected to post earnings of 3  cents a share - Earnings Preview

Rover

04/11/2023 03:02

* Rover Group Inc  ROVR.OQ   ROVR.O  is expected to show a
rise in
quarterly revenue when it reports  results 
    * The Seattle Washington-based  company is expected to
report  a
22.3% increase in revenue to $62.232 million from $50.86 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data. The company's guidance on August 1 2023, for
the period ended September 30, was for revenue between $61.00
million and $63.00 million.
    * ​Refinitiv's mean analyst estimate for Rover Group Inc is
for
earnings of 3 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $7​, above​ its last closing price of $6.51. ​​​

The company's guidance on August 1 2023 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD61 million and USD14
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  
 Jun. 30 2023  -0.01       -0.01      0.00      Beat    100
 Mar. 31 2023  -0.05       -0.05      -0.03     Beat    44.9
 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.        -0.03       -0.04      -0.02     Beat    44.8
 30 2022                                                
 Mar. 31 2022  -0.07       -0.07      -0.07     Met     0​
 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 November 4 at 03:02 GMT.  All
figures in US dollars  unless otherwise stated