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CVET

Covetrus Inc

$20.81

Earnings Summary

Revenue
$1217Mn
Net Profits
$-4Mn
Net Profit Margins
-0.33%

Highlights

Revenue:

Covetrus Inc’s revenue jumped 2.35% since last year same period to $1217Mn in the Q2 2022. On a quarterly growth basis, Covetrus Inc has generated 6.01% jump in its revenue since last 3-months.

Net Profits:

Covetrus Inc’s net profit jumped 87.1% since last year same period to $-4Mn in the Q2 2022. On a quarterly growth basis, Covetrus Inc has generated -100% fall in its net profits since last 3-months.

Net Profit Margins:

Covetrus Inc’s net profit margin jumped 87.39% since last year same period to -0.33% in the Q2 2022. On a quarterly growth basis, Covetrus Inc has generated -88.66% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Covetrus Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.25
EPS Estimate Current Year
0.25

Highlights

EPS Estimate Current Quarter:

Covetrus Inc’s earning per share (EPS) estimates for the current quarter stand at 0.25 - a 13.64% jump from last quarter’s estimates.

EPS Estimate Current Year:

Covetrus Inc’s earning per share (EPS) estimates for the current year stand at 0.25.

Key Ratios

Key ratios of the Covetrus Inc post its Q2 2022 earnings

Return on Assets (ROA)
0
Return on Equity (ROE)
-0.01
Dividend Per Share (DPS)
0

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Covetrus Inc’s return on assets (ROA) stands at 0.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Covetrus Inc’s return on equity (ROE) stands at -0.01.

Dividend Per Share (DPS):

Covetrus Inc declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-05
0.22
0.25
13.64%

Company Information

Covetrus is a global animal-health technology and services company dedicated to empowering veterinary practice partners to drive improved health and financial outcomes. The company is bringing together products, services, and technology into a single platform that connects its customers to the solutions and insights they need to work best. Covetrus' passion for the well-being of animals and those who care for them drives them to advance the world of veterinary medicine. Covetrus is headquartered in Portland, Maine with more than 5,500 employees serving over 100,000 customers around the globe.

Organisation
Covetrus Inc
Headquarters
Melville, New York, United States
Employees
5.47K
Industry
Packaged Software