Freshpet (FRPT) Tops Q4 EPS by 1c; Guides In-Line
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Freshpet (NASDAQ: FRPT) reported Q4 EPS of ($0.01), $0.01 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $24.5 million versus the consensus estimate of $23.9 million.
Freshpet sees FY2015 revenue of $112-114.5 million, versus the consensus of $113.4 million.
"We are pleased to report strong top-line growth for Freshpet in our first quarter as a public company, driven by increased velocity and distribution across our retail channels," said Richard Thompson, Freshpet's Chief Executive Officer. "We believe our solid results reflect our customers' growing desire to feed their pets fresh, natural food. We are pleased with the improvements we achieved in fiscal 2014, which demonstrate our ability to successfully execute on our strategic initiatives to grow our company and create value for our shareholders. Going forward, we believe these improvements will assist us in reaching our expectations for 2015 and beyond."
For earnings history and earnings-related data on Freshpet (FRPT) click here.
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