Education
About Us
Working with TipRanks
Follow Us
Wag! Group (PET)
NASDAQ:PET
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.08Last Year’s EPS
-0.09Same Quarter Last Year
Based on 1 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Mar 24, 2025
|% Change Since: -52.00%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook, with several positive developments such as new partnerships and improved efficiency through AI integration. However, these were balanced by significant challenges like revenue decline and increased costs in 2024. The guidance for 2025 suggests cautious optimism with expected revenue growth.Company Guidance
In the fourth quarter and full year 2024 earnings call for Wag!, the company provided guidance for 2025, anticipating revenue between $84 million and $88 million, and adjusted EBITDA in the range of $2 million to $4 million. The company attributed expected revenue growth primarily to its wellness segment, bolstered by new partnerships, and to a lesser extent, its services segment. In Q4 2024, platform participants increased by over 17% sequentially, with revenues reaching $15.4 million. Despite a full-year revenue decline to $70.5 million, down 16% from the previous year, the company managed to control costs, reducing total expenses by over $10 million year-over-year. The call also highlighted Wag!'s strategic use of AI to enhance operational efficiencies and its commitment to disciplined execution in navigating market dynamics.New Major Distribution Partners
Signed three new major distribution partners expected to accelerate demand within the Insurance Comparison business, with meaningful impact projected to begin materializing in Q2 2025.
Platform Participants and Revenue Growth
Q4 2024 metrics showed platform participants, revenue, and adjusted EBITDA up over 17% sequentially quarter-over-quarter.
Integration of AI for Efficiency
Continued integration of AI for content creation and process optimization, resulting in increased efficiencies across operations.
Positive Outlook for 2025
Guidance for 2025 projects revenue in the range of $84 million to $88 million and adjusted EBITDA in the range of $2 million to $4 million.
---
PET Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
PET Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 24, 2025 | $0.25 | $0.20 | -20.00% |
| Nov 13, 2024 | $0.66 | $0.21 | -68.18% |
| Aug 07, 2024 | $1.03 | $1.03 | 0.00% |
| May 09, 2024 | $2.30 | $2.44 | +6.09% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Wag! Group (PET) report earnings?
Wag! Group (PET) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Wag! Group (PET) earnings time?
Wag! Group (PET) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PET EPS forecast?
PET EPS forecast for the fiscal quarter 2025 (Q1) is -0.08.
---