Petco Health and Wellness Company Inc reports results for the quarter ended April 30 - Earnings Summary

• Petco Health and Wellness Company Inc WOOF.OQ reported quarterly adjusted earnings of 1 cent​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of -4 cents. The mean expectation of eleven analysts for the quarter was for a loss of 2 cents per share. Wall Street expected results to range from -5 cents to 1 cents per share.

• Revenue fell 2.3% to $1.49 billion from a year ago; analysts expected $1.50 billion.

• Petco Health and Wellness Company Inc's reported EPS for the quarter was a loss of 4 cents​.

• The company reported a quarterly loss of $11.66 million.

• Petco Health and Wellness Company Inc shares had risen by 16.7% this quarter and lost 6.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2.1% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 8 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the miscellaneous specialty retailers peer group is "buy."

• Wall Street's median 12-month price target for Petco Health and Wellness Company Inc is $4.00

This summary was machine generated from LSEG data June 5 at 09:01 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)