Blue Buffalo Pet Products (BUFF) Tops Q1 EPS by 1c; Guides In-Line

Blue Buffalo Pet Products (NASDAQ: BUFF) reported Q1 EPS of $0.19, $0.01 better than the analyst estimate of $0.18. Revenue for the quarter came in at $280 million versus the consensus estimate of $274.63 million.

"We're off to a great start for the year. I’m pleased with both our top-line and bottom-line performance for the first quarter which was consistent with our expectations. More importantly, we continue to gain share and invest in our future. As a result of our strong year-to-date performance, we are raising the low-end of our revenue and EPS guidance for the full year,"Biffs Inc Unclassified (null: BIFF)
said CEO Kurt Schmidt.

GUIDANCE:

Blue Buffalo Pet Products sees FY2016 EPS of $0.73-$0.74, versus the consensus of $0.74. Blue Buffalo Pet Products sees FY2016 revenue of $1.125-1.14 billion, versus the consensus of $1.14 billion.

For earnings history and earnings-related data on Blue Buffalo Pet Products (BUFF) click here.

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