Wag! Group Co. (NASDAQ:PET) Analysts Just Slashed Next Year's Estimates [Yahoo! Finance]
Wag! Group Co. (PET)
Company Research
Source: Yahoo! Finance
estimates that might leave shareholders a little shell-shocked. Revenue and earnings per share (EPS) forecasts were both revised downwards, with the analysts seeing grey clouds on the horizon. Following the downgrade, the most recent consensus for Wag! Group from its three analysts is for revenues of US$83m in 2025 which, if met, would be a decent 8.5% increase on its sales over the past 12 months. Losses are predicted to fall substantially, shrinking 63% to US$0.12 per share. Yet prior to the latest estimates, the analysts had been forecasting revenues of US$104m and losses of US$0.055 per share in 2025. So there's been quite a change-up of views after the recent consensus updates, with the analysts making a serious cut to their revenue forecasts while also expecting losses per share to increase. See our latest analysis for Wag! Group The consensus price target fell 30% to US$1.67, with the analysts clearly concerned about the company following the weaker revenue and earnings o
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PET
News
- Wag! Group Third Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Wag! Group Co. (NASDAQ: PET) was downgraded by analysts at Lake Street Capital from a "strong-buy" rating to a "hold" rating.MarketBeat
- Wag! Group Co. (NASDAQ: PET) was downgraded by analysts at Craig Hallum from a "buy" rating to a "hold" rating.MarketBeat
- Wag Group Co (PET) Q3 2024 Earnings Call Highlights: Navigating Challenges and Exploring New ... [Yahoo! Finance]Yahoo! Finance
- Wag! Group Co. (PET) Reports Q3 Loss, Lags Revenue Estimates [Yahoo! Finance]Yahoo! Finance
PET
Earnings
- 11/13/24 - Miss
PET
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- PET's page on the SEC website