Covetrus: Q2 Earnings Insights

 

Covetrus CVET reported its Q2 earnings results on Thursday, August 4, 2022 at 08:00 AM.

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

Earnings

Covetrus beat estimated earnings by 4.0%, reporting an EPS of $0.26 versus an estimate of $0.25.

Revenue was up $28.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 10.52% increase in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.22 0.25 0.23 0.24
EPS Actual 0.25 0.26 0.23 0.26
Revenue Estimate 1.15B 1.14B 1.16B 1.11B
Revenue Actual 1.15B 1.12B 1.16B 1.19B

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

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

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