PETQ Earnings & Forecasts

PETQ (PETQ) earnings history, EPS estimates, revenue forecasts and company guidance.

Earnings Per Share (Non-GAAP)

Quarterly Earnings Surprise Amount

Fiscal Quarter	Date Reported	Actual EPS	Estimated EPS	Surprise %
Q2	Aug 7, 2024	$0.70	$0.50	40.0 %
Q1	May 8, 2024	$0.58	$0.43	34.9 %
Q4	Feb 28, 2024	$-0.12	$-0.29	58.6 %
Q3	Nov 7, 2023	$0.42	$0.02	2000.0 %

Quarterly Revenue (Billions)

Quarterly Revenue Surprise Amount

Fiscal Quarter	Date Reported	Actual Revenue	Estimated Revenue	Surprise %
Q2	Aug 7, 2024	$328.94M	$330.14M	-0.36 %
Q1	May 8, 2024	$308.44M	$300.49M	2.65 %
Q4	Feb 28, 2024	$219.93M	$189.05M	16.3 %
Q3	Nov 7, 2023	$277.02M	$229.06M	20.9 %

PETQ Guidance

PETQ (PETQ) last issued guidance on May 8, 2024 for fiscal year 2024. The company guided revenue in the range of $1.14B - $1.19B for the period.

Compared to prior guidance, PETQ maintained its revenue forecast from a prior range of $1.13B - $1.18B.

PETQ has issued 12 guidance updates between November 9, 2022 and May 8, 2024. During this period, the company raised its outlook 4 times and lowered it 5 times, providing investors with insight into management's evolving expectations.

Recent Earnings Results

Metric	Q2 '24	Q1 '24	Q4 '23	Q3 '23
Earnings Per Share (Non-GAAP)
Estimate	$0.50	$0.43	$-0.29	$0.02
Actual	$0.70	$0.58	$-0.12	$0.42
Surprise	+40.0%	+34.9%	+58.6%	+2000.0%
Revenue
Estimate	$330.1M	$300.5M	$189.1M	$229.1M
Actual	$328.9M	$308.4M	$219.9M	$277.0M
Surprise	-0.36%	+2.65%	+16.3%	+20.9%

Earnings & Guidance News

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PetIQ Q2 2024 Adj EPS $0.70 Beats $0.50 Estimate, Sales $328.90M Miss $330.14M Estimate

PetIQ (NASDAQ:PETQ) reported quarterly earnings of $0.70 per share which beat the analyst consensus estimate of $0.50 by 40 percent. The company reported quarterly sales of $328.90 million which missed the analyst

Benzinga Newsdesk

PRO
PetIQ Expects Q2 Net Sales Of $325M-$335M (Est $335.976M), Raises FY24 Forecast From $1.130B-$1.180B To $1.135B-$1.185B (Est $1.149B)

For the second quarter of 2024 the Company expects: Adjusted EBITDA of $34.0 million to $36.0 million. For the full year 2024 the Company expects: Adjusted EBITDA of $112.0

Benzinga Newsdesk

PRO
PetIQ Q1 2024 Adj EPS $0.58 Beats $0.43 Estimate, Sales $308.443M Beat $300.493M Estimate

PetIQ (NASDAQ:PETQ) reported quarterly earnings of $0.58 per share which beat the analyst consensus estimate of $0.43 by 34.88 percent. This is a 28.89 percent increase over earnings of $0.45 per share from the same

Benzinga Newsdesk

PRO
PETQ Expects Net Sales Of $1.13B-$1.18B For 2024 (Est $1.126B), $290M-$310M For Q1 (Est $306.81M)

For the full year 2024 the Company expects Adjusted EBITDA of $109.0 million to $114.0 million. For the first quarter of 2024 the Company expects Adjusted EBITDA of $31.0

Benzinga Newsdesk

PETQ