Rover Group Inc. (ROVR) PT Lowered to $10 at Stifel
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Rover (ROVR) Stock Plunges on Light Forecast as Omicron Variant Slows Pace of Recovery, Analysts Lower Price Targets but Remain Positive
March 8, 2022 5:58 AM ESTShares of Rover Group (NASDAQ: ROVR) are down more than 13% in premarket trading Tuesday after the company reported a worse-than-expected sales forecast.
Rover reported Q4 EPS of $0.19, $0.20 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $38 million versus the consensus estimate of $36.5 million.
The company said it expects FY2022 revenue in the range of $160 million to $180 million, short of the consensus estimates of $200.3 million. Full-year adjusted EBITDA is expected in the range of $17 million and $21... More
Rover Group Inc. (ROVR) PT Lowered to $11 at JMP Securities
March 8, 2022 4:20 AM ESTJMP Securities lowered its price target on Rover Group Inc. (NASDAQ: ROVR) to $11.00 (from $15.00) while maintaining a Market Outperform rating.... More
Rover Group Inc. (ROVR) PT Lowered to $6 at Morgan Stanley
March 8, 2022 4:10 AM ESTMorgan Stanley analyst Lauren Schenk lowered the price target on Rover Group Inc. (NASDAQ: ROVR) to $6.00 (from $10.00) while maintaining a Equalweight rating.... More
Rover (ROVR) Shares Plunged 15% on Disappointing Guidance, Q4 Beat Estimates
March 7, 2022 5:56 PM ESTRover Group (NASDAQ: ROVR) shares plummeted more than 15% after-hours on the company's disappointing outlook, while Q4 results were better than expected. EPS came in at $0.19, beating the consensus estimate of ($0.01). Revenue was $38 million, up 41% from Q4/19 (comparisons were made to 2019 due to the irregularity... More
After-Hours Stock Movers 03/07: (NINE) (CLAR) (MASS) Higher; (ROVR) (TDUP) (MNDT) Lower (more...)
March 7, 2022 5:43 PM ESTAfter-Hours Stock Movers:
Nine Energy Services (NYSE: NINE) 86.4% HIGHER; reported Q4 EPS of ($0.52), $0.04 better than the analyst estimate of ($0.56). Revenue for the quarter came in at $105.1 million versus the consensus estimate of $95.8 million.
Rover Group (NASDAQ:... More
Rover Group (ROVR) Tops Q4 EPS by 20c
March 7, 2022 4:11 PM ESTRover Group (NASDAQ: ROVR) reported Q4 EPS of $0.19, $0.20 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $38 million versus the consensus estimate of $36.5 million.
GUIDANCE:
Rover Group sees FY2022 revenue of $160-180 million, versus the consensus... More
Rover Group (ROVR) Announces CFO Succession
March 7, 2022 4:05 PM ESTRover Group, Inc. (NASDAQ: ROVR), the worlds largest online marketplace for pet care, today announced that its Board of Directors, as part of its CFO succession planning, has identified Charlie Wickers, Rovers Vice President of Finance, as successor Chief Financial Officer to Tracy Knox. Ms. Knox will continue as CFO through August 2022, by which time she will have served as Rovers CFO for nearly five years, and will remain on staff as an advisor through her retirement at the end of the year.
Charlie has been... More
