Freshpet (FRPT) Misses Q2 EPS by 7c
Freshpet (NASDAQ: FRPT) reported Q2 EPS of ($0.10), $0.07 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $33 million versus the consensus estimate of $32.92 million.
Outlook
The Company reiterated its guidance for 2016. For full year 2016, the Company expects the following results compared to the prior year:
- To exceed net sales of $137 million, an increase of approximately 18%
- To exceed Adjusted EBITDA of $18.5 million, an increase of approximately 67%
- To exceed Freshpet fridges of 16,600, an increase of approximately 10%
For earnings history and earnings-related data on Freshpet (FRPT) click here.
