Wag Group Q2 EPS $(0.10) Misses $(0.09) Estimate, Sales $19.82M Beat $19.55M Estimate
Portfolio Pulse from mahesh@benzinga.com
Wag Group (NASDAQ:PET) reported Q2 losses of $(0.10) per share, missing the analyst consensus estimate of $(0.09) by 11.11%. However, the company's quarterly sales of $19.82 million beat the estimate of $19.55 million by 1.38%. This represents a 55.04% increase over sales from the same period last year.
August 08, 2023 | 9:12 pm
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NEUTRAL IMPACT
Wag Group's Q2 earnings per share missed estimates, but sales exceeded expectations.
Wag Group's Q2 earnings per share missed the consensus estimate, which could negatively impact the stock. However, the company's sales beat estimates, which could offset the negative impact of the earnings miss. The net effect on the stock is uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100