Over 1 Year Ago
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WOOF reports earnings next week. Some things to think about:
Petco Health & Wellness Company, Inc. (WOOF) is ready to report earnings on August 24. Here's a few things you should know about before they make the announcement.
Analysts think Petco Health & Wellness Company, Inc. will report an EPS (earnings per share) $0.22, with a GAAP Estimate of $0.16, and one revenues of $1.49B. Over the last 90 days, analysts have lowered estimates 10 times and not raised them once.
WOOF bulls will first be listening for news that the company beat the analysts' estimates. After that they'll want to hear that the company beat these expectations with robust revenues that were higher than expected. Finally they'll want to hear about a positive growth story that helps analysts frame the company's future as one of growth in the following quarters.
On the other side of the fence, WOOF bears will be looking for the opposite. They want the EPS to underperform analysts' expectations and to be strong a signal of the company's decline in coming quarters.
Whether you're a bear or bull you'll want to be aware that occasionally a stock's price movement is caused by the analysts' estimates changing from the Q&A call with management, rather than from the earnings report itself. As you see more of these, you'll begin to notice patterns in the runup and rundown of the stock's price.
Shares of WOOF were trading at $16.14 as of August 16. Over the last 52-weeks, shares are down -38.42%. A larger percentage here can mean investors have a stronger bullish or bearish outlook on the stock.
Analysts think Petco Health & Wellness Company, Inc. will report an EPS (earnings per share) $0.22, with a GAAP Estimate of $0.16, and one revenues of $1.49B. Over the last 90 days, analysts have lowered estimates 10 times and not raised them once.
WOOF bulls will first be listening for news that the company beat the analysts' estimates. After that they'll want to hear that the company beat these expectations with robust revenues that were higher than expected. Finally they'll want to hear about a positive growth story that helps analysts frame the company's future as one of growth in the following quarters.
On the other side of the fence, WOOF bears will be looking for the opposite. They want the EPS to underperform analysts' expectations and to be strong a signal of the company's decline in coming quarters.
Whether you're a bear or bull you'll want to be aware that occasionally a stock's price movement is caused by the analysts' estimates changing from the Q&A call with management, rather than from the earnings report itself. As you see more of these, you'll begin to notice patterns in the runup and rundown of the stock's price.
Shares of WOOF were trading at $16.14 as of August 16. Over the last 52-weeks, shares are down -38.42%. A larger percentage here can mean investors have a stronger bullish or bearish outlook on the stock.
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