Freshpet (FRPT) Tops Q4 EPS by 10c; Guides FY Revs Modestly Below the Street

Freshpet (NASDAQ: FRPT) reported Q4 EPS of $0.08, $0.10 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $30.2 million versus the consensus estimate of $30.11 million.

“Our team made significant progress in our first year as a public company. We had great achievements along with constructive learnings in 2015, as our team executed on our strategic initiatives to expand distribution, grow velocity, and introduce a broader assortment of innovative fresh foods for dogs and cats,” said Richard Thompson, Freshpet’s Chief Executive Officer. “We generated solid annual top-line growth and doubled our Adjusted EBITDA. At the same time, we made operational investments across our manufacturing and supply chain to better position us to achieve greater leverage across our business model and enhance long-term shareholder value.”

GUIDANCE:

Freshpet sees FY2016 revenue of $137 million, versus the consensus of $139.51 million.

For earnings history and earnings-related data on Freshpet (FRPT) click here.

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