Wag! Group Co reports results for the quarter ended in December - Earnings Summary

Wag! Co

14/02/2024 23:39

* Wag! Group Co  PET.OQ  reported a quarterly adjusted loss
of 9
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of 7
cents.  The mean expectation of five analysts for the quarter
was for a loss of 7 cents per share. Wall Street expected
results to range from -9 cents to -5 cents per share.
    * Revenue rose 27.2% to $21.67 million from a year ago;
analysts
expected $20.73 million. 
    * Wag! Group Co's reported EPS for the quarter was a loss
of 9
cents​.
    * The company reported a quarterly loss of $3.47 million.
    * Wag! Group Co shares had risen by 21.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 8% in
the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Wag! Group
Co is
$6.00 

This summary was machine generated from LSEG data February 14 at
11:38 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.07          -0.09          Missed
 Sep. 30 2023      -0.08          -0.06          Beat
 Jun. 30 2023      -0.09          -0.10          Missed
 Mar. 31 2023      -0.06          -0.10          Missed