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Bartosiak: Trading Petmed Express's (PETS) Earnings with Options

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On Monday, October 23rd, Petmed Express (PETS - Free Report) will release its second quarter earnings before the bell. The company is a Zacks Rank 1 (Strong Buy), and have a Value, Growth, and Momentum score of D.

Dave will look at Petmed’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.

Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Petmed Express ahead of earnings.

Petmed Express in Focus

Petmed Express is America's largest pet pharmacy, delivering prescription and non-prescription pet medications and health and nutritional supplements for dogs and cats at competitive prices direct to the consumer through its 1-800-PetMeds toll free number and on the Internet.

Petmed Express is expected to report earnings at $0.29 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 12.50%. They reported earnings at $0.45per share, beating their estimate of $0.40. They have an average earnings surprise of 10.78% over the last 4 quarters.

PetMed Express, Inc. Price, Consensus and EPS Surprise

PetMed Express, Inc. Price, Consensus and EPS Surprise | PetMed Express, Inc. Quote

Bottom Line

How should investors play Petmed Express ahead of their earnings report? For insights on the best options trades, then tune in at 1:00pm CST today to see David’s thoughts.

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