Recap: PetIQ Q1 Earnings

PetIQ 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.

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.

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.