Covetrus Inc (CVET) Earnings History & Surprises

NASDAQ:CVET • US22304C1009

20.99 USD
+0.06 (+0.29%)
At close: Oct 12, 2022
20.99 USD
0 (0%)
After Hours: 10/12/2022, 8:10:14 PM
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Past quarterly earnings results for Covetrus Inc (CVET), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).

Earnings Snapshot

Next Earnings Date

Upcoming
Release DateNov 3, 2022
PeriodQ3 / 2022
EPS Estimate$0.27
Revenue Estimate1.266B

Last Reported

Most Recent
Release DateAug 4, 2022
PeriodQ2 / 2022
EPS Reported$0.25
EPS Surprise -3.06%
Revenue Surprise -2.09%

Beat Rate

Last 8 Quarters
0%
EPS and Revenuebeats vs estimates

Quarterly Earnings Results

EPS & Revenue History (USD)

Actual vs estimated values, surprises, q2q growth and acceleration numbers for recent quarters.

QuarterEPSEPS EstEPS SurpriseEPS Q2QRevenueRevenue EstRevenue SurpriseRevenue Q2Q
Q2 2022 0.25 0.26 -3.06% -3.85% 1.217B 1.243B -2.09% 2.35%
Q1 2022 0.25 0.23 9.66% 19.05% 1.148B 1.164B -1.39% 4.17%
Q4 2021 0.26 0.25 3.34% 23.81% 1.122B 1.158B -3.13% -
Q3 2021 0.23 0.23 -2.96% -13.08% 1.162B 1.188B -2.18% 3.20%
Q2 2021 0.26 0.24 6.21% -3.70% 1.189B 1.135B 4.79% 15.89%
Q1 2021 0.21 0.17 20.70% 16.67% 1.102B 1.106B -0.35% 3.47%
Q4 2020 0.21 0.16 31.14% - 1.122B 1.078B 4.05% -
Q3 2020 0.26 0.18 43.20% - 1.126B 1.07B 5.19% -
Q2 2020 0.27 0.08 222.81% - 1.026B 901.139M 13.86% -
Q1 2020 0.18 0.12 44.85% - 1.065B 1.06B 0.44% -

Notes

  • EPS and Revenue values are non-GAAP when available, otherwise GAAP.
  • Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
  • Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
  • Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.

Earnings Q2Q Performance Trends

EPS Historical Q2Q growth and Acceleration

CVET EPS Q2Q GrowthCVET EPS Q2Q GrowthEPS Q2Q Growth Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 Q1/23 Q2/23 Q3/23 Q4/23 0 10 -10 20

Revenue Historical Q2Q growth and Acceleration

CVET Revenue Q2Q GrowthCVET Revenue Q2Q GrowthRevenue Q2Q Growth Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 Q1/23 Q2/23 Q3/23 Q4/23 5 10 15

Surprise distribution (Last 4 Quarters)

EPS beat statistics

EPS beat (4)
2
Average EPS beat (4)
1.75%
Max EPS beat (4)
9.66%
Min EPS beat (4)
-3.06%

Revenue beat statistics

Revenue beat (4)
0
Average Revenue beat (4)
-2.20%
Max Revenue beat (4)
-1.39%
Min Revenue beat (4)
-3.13%

Analysis

In the last 4 quarters, CVET has beaten EPS estimates in 2 out of 4 releases
CVET has not beaten revenue estimates in any of the last 4 earnings releases
In the last 4 quarters, CVET has beaten the EPS estimates by 1.7% on average.
In the last 4 quarters, CVET reported -2.2% below the revenue estimates on average.

Related analysis

CVET Overview CVET Technical Analysis Report CVET Fundamental Analysis Report CVET Forecast & Price Target
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Covetrus Inc / CVET Earnings FAQ

Can you provide the last earnings date for Covetrus Inc?

Covetrus Inc (CVET) last reported earnings on 8/4/2022.


Did CVET stock beat earnings estimates in the most recent quarter?

Covetrus Inc (CVET) missed EPS estimates and missed revenue estimates in the most recent quarter.


What percentage of the time does CVET stock beat earnings estimates?

In the last 4 quarters, Covetrus Inc (CVET) has beaten EPS estimates in 2 out of 4 releases.