Wag Group PET is expected to deliver its latest quarterly earnings report on Wednesday 2024-02-14. Here’s what investors need to know ahead of the announcement.
Analysts estimate that Wag Group will report a earning per share (EPS) of $-0.06.
Wag Group bulls are hoping to hear the company announce not only that it beat that estimate, but also provide positive guidance, or expected growth, for the next quarter.
New investors should keep in mind that sometimes it’s not the beat or miss that most influences a stock’s price, but the direction (or forecast).
Historical earnings performance
In the last quarter the company beat EPS by $0.02, followed by a 3.16% drop in the stock price the next day.
Here’s a look at Wag Group’s past performance and resulting price change:
| Quarter | Third quarter 2023 | Second quarter 2023 | First quarter 2023 | Fourth quarter 2022 |
|---|---|---|---|---|
| EPS estimate | -0.08 | -0.09 | -0.06 | -0.10 |
| Actual EPS | -0.06 | -0.10 | -0.10 | 0.07 |
| Price change % | -3.16% | -5.74% | 0.99% | 12.61% |
Stock performance
Wag Group shares were trading at $2.11 as of Feb. 12. Over the past 52 weeks, shares have fallen 13.28%. Given that these returns are generally negative, long-term shareholders likely won’t be happy with this earnings release.
To keep track of all earnings releases for Wag Group, visit their earnings calendar on our site.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.