Wag Group's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Wag Group (NASDAQ:PET) is expected to report a quarterly EPS of $-0.06 on February 14, 2024. Analysts and investors are keen on whether the company will surpass this estimate and provide positive future guidance. Historical data shows mixed reactions in stock price post-earnings, with the last quarter showing a 3.16% drop despite beating EPS estimates. Over the last year, PET shares have declined by 13.28%, indicating potential investor concern ahead of the earnings report.
February 13, 2024 | 8:01 pm
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Wag Group is anticipated to report a quarterly EPS of $-0.06, with investors looking for an earnings beat and positive future guidance. The stock has seen a 13.28% decline over the past year, indicating potential volatility around the earnings report.
Given Wag Group's history of mixed stock performance post-earnings and the overall 13.28% decline in the past year, the upcoming earnings report could maintain current stock volatility. The anticipation of an earnings beat and positive guidance could influence short-term stock movement, but the historical data suggests investor reactions can be unpredictable. The importance is high due to the potential for the earnings report to either alleviate or exacerbate investor concerns.
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