Rover Group Inc reports results for the quarter ended in December - Earnings Summary

Rover

27/02/2023 23:35

* Rover Group Inc  ROVR.OQ  reported quarterly adjusted
earnings
of 3 cents​​ per share for the quarter ended in December. The
mean expectation of nine analysts for the quarter was
for breakeven results per share.
    * Revenue rose 36.7% to $51.95 million from a year ago;
analysts
expected $50.15 million. 
    * Rover Group Inc's reported EPS for the quarter was 3
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Rover Group Inc shares had risen by 4.1% this quarter.
    * The company reported quarterly net income of $5.27
million.
    * Wall Street's median 12-month price target for Rover Group
Inc
is $5.38 
    * 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." 

This summary was machine generated from Refinitiv data February
27 at 11:35 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.00           0.03           Beat
 Sep. 30 2022      0.00           -0.08          Missed
 Jun. 30 2022      -0.04          -0.02          Beat
 Mar. 31 2022      -0.07          -0.07          Met