Freshpet (FRPT) Tops Q3 EPS by 3c, Updates FY Guidance

Freshpet (NASDAQ: FRPT) reported Q3 EPS of $0.02, $0.03 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $34.5 million versus the consensus estimate of $35.57 million.

Outlook

• For the full year ended December 31, 2016 the Company now expects the following:
• Net sales of over $133 million, an increase of approximately 14%, compared to prior guidance of $137 million
• Adjusted EBITDA of over $17.5 million, an increase of approximately 58%, compared to prior guidance of $18.5 million
• Freshpet fridges of over 16,600, an increase of approximately 10%

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

You May Also Be Interested In

• Stitch Fix (SFIX) Tops Q4 EPS by 4c; Offers Guidance
• Visa deposits $405M into U.S. litigation escrow, adjusting stock rates
• Teamshares raises $225M in preferred equity from T. Rowe Price