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Recap: PetIQ Q1 Earnings

Author: Benzinga Insights | May 09, 2023 05:00pm

PetIQ (NASDAQ:PETQ) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

PetIQ beat estimated earnings by 28.57%, reporting an EPS of $0.45 versus an estimate of $0.35.

Revenue was up $14.78 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 9.23% increase in the share price the next day.

Here's a look at PetIQ's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.09 0.35 0.37
EPS Actual -0.10 0.15 0.51 0.62
Revenue Estimate 192.47M 204.33M 259.41M 269.34M
Revenue Actual 184.08M 209.72M 252.01M 275.69M

To track all earnings releases for PetIQ visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: PETQ

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