Petco Health and Wellness Expects Q2 Net Revenue Of ~$1.525B Versus Consensus Of $1.52B, With Adjusted EPS Of $(0.02) Compared To Consensus Of $(0.02)
Portfolio Pulse from Benzinga Newsdesk
Petco Health and Wellness expects Q2 net revenue of approximately $1.525 billion, slightly above the consensus estimate of $1.52 billion. The company also anticipates an adjusted EPS of $(0.02), which aligns with the consensus estimate.
May 22, 2024 | 11:06 am
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Petco Health and Wellness expects Q2 net revenue of $1.525 billion, slightly above the consensus estimate of $1.52 billion. The adjusted EPS is expected to be $(0.02), in line with the consensus.
The slight beat on revenue expectations and alignment with EPS consensus should provide a modest positive impact on Petco's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100