May 14, 2020 / 9:39 PM / 16 days ago

BRIEF-Covetrus Reports Q1 Loss Per Share Of $0.30

May 14 (Reuters) - Covetrus Inc:

* COVETRUS ANNOUNCES FINANCIAL RESULTS FOR FIRST QUARTER OF 2020

* Q1 LOSS PER SHARE $0.30

* Q1 SALES $1.07 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.04 BILLION

* Q1 EARNINGS PER SHARE ESTIMATE $0.12 — REFINITIV IBES DATA

* BELIEVES Q1 NON-GAAP PRO FORMA ORGANIC NET SALES BENEFITED BY APPROXIMATELY 4% FROM CUSTOMER INVENTORY STOCKING ACTIVITY

* AT QUARTER-END, COMPANY HAD $205 MILLION IN CASH AND CASH EQUIVALENTS Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below