Wag! Group Co reports results for the quarter ended September 30 - Earnings Summary

Wag! Co

13/11/2024 15:23

* Wag! Group Co  PET.OQ  reported a quarterly adjusted loss
of 12
cents​​ per share for the quarter ended September 30, lower than
the same quarter last year, when the company reported EPS of -6
cents.  The mean expectation of four analysts for the quarter
was for a loss of 4 cents per share. Wall Street expected
results to range from -5 cents to -3 cents per share.
    * Revenue fell 39.4% to $13.20 million from a year ago;
analysts
expected $20.90 million. 
    * Wag! Group Co's reported EPS for the quarter was a loss
of 13
cents​.
    * The company reported a quarterly loss of $6.26 million.
    * Wag! Group Co shares had fallen by 23.7% this quarter and
lost 62.5% so far this year.

FORECAST CHANGES
    * 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.

RECOMMENDATIONS
    * 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 average consensus recommendation for the personal
services
peer group is also "buy"

Wall Street's median 12-month price target for Wag! Group Co is
$2.50 
This summary was machine generated from LSEG data November 13 at
03:23 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
 Sep. 30 2024      -0.04          -0.12          Missed
 Jun. 30 2024      -0.06          -0.05          Beat
 Mar. 31 2024      -0.11          -0.09          Beat
 Dec. 31 2023      -0.07          -0.09          Missed