Petco Health and Wellness Q1 Adj. EPS $(0.04) Beats $(0.07) Estimate, Sales $1.53B Beat $1.51B Estimate
Portfolio Pulse from Benzinga Newsdesk
Petco Health and Wellness reported a Q1 adjusted EPS of $(0.04), beating the estimate of $(0.07). Sales were $1.53 billion, surpassing the $1.51 billion estimate.
May 22, 2024 | 11:02 am
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Petco Health and Wellness reported better-than-expected Q1 results with an adjusted EPS of $(0.04) and sales of $1.53 billion, both beating estimates.
The better-than-expected earnings and sales figures are likely to positively impact Petco's stock price in the short term as they indicate stronger financial performance than anticipated.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100