* Petco Health and Wellness Company Inc reported a quarterly adjusted loss of 4 cents per share for the quarter ended in April, lower than the same quarter last year, when the company reported EPS of 6 cents. The mean expectation of fourteen analysts for the quarter was for a loss of 7 cents per share. Wall Street expected results to range from -11 cents to -5 cents per share.
* Revenue fell 1.7% to $1.53 billion from a year ago; analysts expected $1.51 billion.
* Petco Health and Wellness Company Inc's reported EPS for the quarter was a loss of 17 cents.
* The company reported a quarterly loss of $46.48 million.
* Petco Health and Wellness Company Inc shares had risen by 7.5% this quarter and lost 22.5% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 515.1% in the last three months.
* In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 10 "hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the miscellaneous specialty retailers peer group is also "hold"
Wall Street's median 12-month price target for Petco Health and Wellness Company Inc is $2.83 This summary was machine generated from LSEG data May 22 at 03:18 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
Apr. 30 2024 -0.07 -0.04 Beat
Jan. 31 2024 0.02 0.02 Met
Oct. 31 2023 0.02 -0.05 Missed
Jul. 31 2023 0.06 0.06 Met
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