Wag! Group Co expected to post a loss of 11 cents a share - Earnings Preview

Wag! Co

07/05/2024 17:16

* Wag! Group Co  PET.OQ   PET.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 9 for the
period ending March 31 2024
    * The San Francisco California-based  company is expected to
report a 7.8% increase in revenue to $22.233 million from $20.62
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Wag! Group Co is for a
loss
of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"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 Wag! Group
Co is
$5.50​, above​ its last closing price of $2.27. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.07       -0.07      -0.09     Missed  -33.3
 Sep. 30 2023  -0.07       -0.08      -0.06     Beat    25
 Jan. 1 0001   -0.11       -0.09      -0.10     Missed  -8.7​
 Mar. 31 2023  -0.06       -0.06      -0.10     Missed  -66.7
 ​​Dec.        -0.09       -0.10      0.07      Beat    171.4
 31 2022                                                
 Sep. 30 2022  -0.47       -0.34      -0.06     Beat    83.4​
 This summary was machine generated May 7 at 16:15 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)