Workflow
Wag! Group Co. (PET) Reports Q2 Loss, Tops Revenue Estimates
PETWag! (PET) ZACKS·2024-08-07 23:11

分组1 - Wag! Group Co. reported a quarterly loss of 0.06pershare,whichisanimprovementfromalossof0.06 per share, which is an improvement from a loss of 0.09 per share a year ago, aligning with the Zacks Consensus Estimate [1] - The company posted revenues of 18.65millionforthequarterendedJune2024,surpassingtheZacksConsensusEstimateby0.2718.65 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 0.27%, but down from 19.82 million in the same quarter last year [2] - Wag! Group Co. shares have declined approximately 40.1% since the beginning of the year, contrasting with the S&P 500's gain of 9.9% [3] 分组2 - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The estimate revisions trend for Wag! Group Co. is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] - The current consensus EPS estimate for the upcoming quarter is -0.05onrevenuesof0.05 on revenues of 26.45 million, and -0.26onrevenuesof0.26 on revenues of 91.9 million for the current fiscal year [7] 分组3 - The Consumer Services - Miscellaneous industry, to which Wag! Group Co. belongs, is currently ranked in the top 42% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]