Rover Group Inc expected to post earnings of 6 cents a share - Earnings Preview

Rover

23/02/2024 11:01

* Rover Group Inc  ROVR.OQ   ROVR.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 26
(estimated) for the period ending December 31 2023
    * The Seattle Washington-based  company is expected to
report a
26.0% increase in revenue to $65.435 million from $51.95 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data.The company's guidance on November 6 2023,
for the period ended December 31, was for revenue between $64.00
million and $66.00 million.
    * ​LSEG's mean analyst estimate for Rover Group Inc is for
earnings of 6 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"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 $11.00​, above​ its last closing price of $10.98. ​​​

The company's guidance on November 6 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD64 million and USD19
million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.03        0.03       0.05      Beat    96.4
 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.        0.00        0.00       -0.08     Missed  -2,302
 30 2022                                                .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. 31 2021  -0.02       -0.01      -0.03     Missed  -125.1
 This summary was machine generated February 23 at 11:01 GMT. 
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)