Published on 29 Feb 2024 on Zacks via Yahoo Finance
PetIQ (PETQ) Reports Q4 Loss, Tops Revenue Estimates
PetIQ (PETQ) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.29. This compares to loss of $0.10 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 58.62%. A quarter ago, it was expected that this pet medications and products maker would post earnings of $0.03 per share when it actually produced earnings of $0.42, delivering a surprise of 1,300%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.