Covetrus (CVET) Q3 Revenue Tops Consensus

Covetrus (NASDAQ: CVET) reported Q3 EPS of ($0.33), may not compare to the analyst estimate of $0.18. Revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.05 billion.

Updated 2020 Financial Guidance:

Covetrus’ updated fiscal year 2020 financial guidance range is as follows, which assume no material incremental supply chain disruption or widespread economic impact related to COVID-19:

• Non-GAAP adjusted EBITDA in the range of $213 million to $218 million; this is an increase from the Company’s prior guidance range of $200 million to $210 million.

For earnings history and earnings-related data on Covetrus (CVET) click here.

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