Central Garden & Pet (CENT) Tops Q2 EPS by 4c, Raises FY 2018 Guidance

Central Garden & Pet (NASDAQ: CENT) reported Q2 EPS of $0.86, $0.04 better than the analyst estimate of $0.82. Revenue for the quarter came in at $613.1 million versus the consensus estimate of $591.76 million.

GUIDANCE:

Central Garden & Pet sees Q3 2018 EPS of $1.90.

"The Company is raising its annual guidance and now expects non-GAAP earnings per fully-diluted share of $1.90 or higher for fiscal 2018, with the increase predominately due to the inclusion of the Bell Nursery acquisition, though there does remain uncertainty as to how the garden season will play out through the remainder of the fiscal year."

For earnings history and earnings-related data on Central Garden & Pet (CENT) click here.

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