Investors in Wag! Group Co. (NASDAQ:PET) had a good week, as its shares rose 5.3% to close at US$2.39 following the release of its first-quarter results. The statutory results were mixed overall, with revenues of US$23m in line with analyst forecasts, but losses of US$0.11 per share, some 7.3% larger than the analysts were predicting. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. Readers will be glad to know we’ve aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Wag! Group after the latest results.
See our latest analysis for Wag! Group
Taking into account the latest results, the most recent consensus for Wag! Group from four analysts is for revenues of US$108.9m in 2024. If met, it would imply a…
