The upcoming earnings report for Petco Health and Wellness (NASDAQ:WOOF) is expected to have a neutral short-term impact on the stock price. While the company missed EPS estimates last quarter, resulting in a 3.46% drop in share price, the overall stock performance has been negative over the last 52 weeks, with shares down 34.97%. The market has likely already priced in the expected EPS of $0.05, and any significant deviation from this estimate could cause a short-term price movement. However, the guidance provided by the company for the next quarter will also play a crucial role in determining the stock's short-term price direction.