PetIQ Inc expected to post earnings of 43 cents a share - Earnings Preview

Reuters05-07

* PetIQ Inc is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2024

* The Eagle Idaho-based company is expected to report a 3.5% increase in revenue to $300.493 million from $290.47 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.The company's guidance on February 28 2024, for the period ended March 31, was for revenue between $290.00 million and $310.00 million.

* ​LSEG's mean analyst estimate for PetIQ Inc is for earnings of 43 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "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 PetIQ Inc is $29.00​, above​ its last closing price of $17.65. ​​​

The company's guidance on February 28 2024 for the period ended March 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD290 million and USD33 million. Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jan. 1 0001 -0.30 -0.29 -0.12 Beat 59

Jan. 1 0001 0.01 0.02 0.42 Beat 2,300

Jun. 30 2023 0.26 0.26 0.46 Beat 76.9​

Jan. 1 0001 0.35 0.35 0.45 Beat 29.5

​​Jan. -0.12 -0.09 -0.10 Missed -6.4

1 0001

Jan. 1 0001 0.06 0.06 0.15 Beat 158.6​

Jun. 30 2022 0.34 0.34 0.51 Beat 50.9

Jan. 1 0001 0.36 0.37 0.62 Beat 68.5

This summary was machine generated May 7 at 02:09 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)

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