Wag Group: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Wag Group (NASDAQ:PET) reported Q4 earnings with an EPS of $-0.09, missing estimates by 28.57% against an expected $-0.07. Revenue increased by $4.64 million from the same period last year. Despite beating EPS estimates in Q3 2023, the share price dropped by 3.16% the following day. Historical performance shows fluctuating EPS and revenue growth over the past quarters.
February 14, 2024 | 9:20 pm
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Wag Group reported a Q4 EPS of $-0.09, missing estimates by 28.57%, with a revenue increase of $4.64 million YoY. Historical data shows mixed performance in EPS and revenue.
The missed earnings estimate is likely to negatively impact investor sentiment in the short term, as historical performance indicates sensitivity in share price to earnings reports. The increase in revenue may not fully offset the negative impact of the earnings miss.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100