Wag Group Q2 2024 GAAP EPS $(0.06) Beats $(0.07) Estimate, Sales $18.651M Miss $21.201M Estimate
Portfolio Pulse from Benzinga Newsdesk
Wag Group (NASDAQ:PET) reported Q2 2024 GAAP EPS of $(0.06), beating the $(0.07) estimate, but missed sales estimates with $18.651M against $21.201M expected. EPS improved by 40% YoY, while sales decreased by 5.90% YoY.
August 07, 2024 | 9:34 pm
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Wag Group's Q2 2024 GAAP EPS of $(0.06) beat estimates, but sales of $18.651M missed expectations. EPS improved by 40% YoY, while sales decreased by 5.90% YoY.
The mixed results, with EPS beating but sales missing estimates, suggest a neutral short-term impact on the stock price. The improvement in EPS is positive, but the sales miss and YoY decline may offset this.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100