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

Rover

02/08/2023 17:08

* Rover Group Inc  ROVR.OQ  reported quarterly breakeven
results​​
per share for the quarter ended in June. The mean expectation of
nine analysts for the quarter was for a loss of one cent per
share.
    * Revenue rose 34.9% to $58.53 million from a year ago;
analysts
expected $52.18 million. 
    * Rover Group Inc's reported EPS for the quarter was
breakeven
results​.
    * The mean earnings estimate of analysts had fallen by
about 181.5% 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 13.6% this quarter and
gained 52.0% so far this year.
    * The company reported a quarterly loss of $253 thousand.
    * Wall Street's median 12-month price target for Rover Group
Inc
is $6.75 
    * 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 LSEG Refinitiv data
August 2 at 04:07 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.01          0.00           Beat
 Mar. 31 2023      -0.05          -0.03          Beat
 Dec. 31 2022      0.00           0.03           Beat
 Sep. 30 2022      0.00           -0.08          Missed