Petco Health and Wellness Company Inc <WOOF.O>: Profits of 23  cents announced for fourth quarter

March 22, 2023 05:01 AM PDT | By Reuters
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22 March 2023 12:01 p.m. ​All figures in US dollars. The profits announced by Petco Health and Wellness Company Inc in the fourth quarter were lower than the Refinitiv mean estimate of profits. The company reported profits of 23 cents per share, 5 cents lower than the same quarter last year when the company reported EPS of 28 cents. Profits of 24 cents per share were anticipated by the twelve analysts providing estimates for the quarter. Wall Street expected results to range from 22 cents to 28 cents per share, with a forecasted mean of 24 cents per share. The company reported revenue of $1.58 billion, which is lower than the estimated $1.59 billion. RECOMMENDATIONS * The consensus recommendation for the company is "Buy". * The average consensus recommendation for the miscellaneous specialty retailers peer group is also "Buy". FORECAST CHANGES * Eleven analysts are currently providing Refinitiv with estimates. * In the last week there have been no positive earnings revisions and three analysts have revised earnings estimates downwards. There was no change to the number of estimates. YEAR OVER YEAR * The company reported an increase in revenue to $1.58 billion from $1.51 billion in the same quarter last year.​ * Previous quarterly performance (using earnings preferred measure) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Oct. 31 2022 0.16​ 0.16 Met Jul. 31 2022 0.22 0.19 Missed Apr. 30 2022 0.15 0.17 Beat​ Jan. 31 2022 0.25 0.28 Beat This summary was machine generated from Refinitiv data March 22 at 12:01 p.m.


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