Bark Inc expected to post breakeven results a share - Earnings Preview

Reuters11-06

* Bark Inc is expected to show a fall in quarterly revenue when it reports results on November 7 for the period ending September 30 2024

* The New York City-based company is expected to report a 0.2% decrease in revenue to $122.733 million from $123.04 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.The company's guidance on August 7 2024, for the period ended September 30, was for revenue between $123.00 million and $126.00 million.

* ​LSEG's mean analyst estimate for Bark Inc is for breakeven results per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "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 Bark Inc is 2.04​, above​ its last closing price of $1.46. ​​​

The company's guidance on August 7 2024 for the period ended September 30 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD123 million and USD3 million.The company's guidance on August 7 2024 for the period ended September 30 was for gross profit margin of USD60%. 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 -0.04 -0.03 -0.02 Beat 42.3

Mar. 31 0001 -0.01 -0.01 0.00 Beat 100

Jan. 1 0001 -0.05 -0.05 -0.05 Met -1​

Sep. 30 2023 -0.03 -0.03 -0.01 Beat 67.7

​​Jun. -0.08 -0.08 -0.05 Beat 39.8

30 2023

Mar. 31 2023 -0.05 -0.04 -0.08 Missed -78.8​

Dec. 31 2022 -0.09 -0.09 -0.12 Missed -27.3

Jan. 1 0001 -0.08 -0.07 -0.03 Beat 60

This summary was machine generated November 6 at 04:36 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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