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

Rover

08/05/2023 23:05

* Rover Group Inc  ROVR.OQ  reported a quarterly adjusted
loss
of 3 cents​​ per share for the quarter ended in March. The mean
expectation of nine analysts for the quarter was for a loss of 5
cents per share.
    * Revenue rose 47.8% to $41.12 million from a year ago;
analysts
expected $38.03 million. 
    * Rover Group Inc's reported EPS for the quarter was a loss
of 3
cents​.
    * The mean earnings estimate of analysts had risen by
about 12.9%
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 fallen by 12.4% this
quarter and
gained 8.2% so far this year.
    * The company reported a quarterly loss of $4.66 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 LSEG Refinitiv data May
8 at 10:05 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.05          -0.03          Beat
 Dec. 31 2022      0.00           0.03           Beat
 Sep. 30 2022      0.00           -0.08          Missed
 Jun. 30 2022      -0.04          -0.02          Beat