Freshpet (FRPT) Misses Q2 EPS by 3c, Sales Beat; Raises Outlook
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Get Alerts FRPT Hot Sheet
Price: $67.00 +7.06%
Revenue Growth %: +7.3%
Financial Fact:
Income tax benefit (expense): -2.17M
Today's EPS Names:
ORPB, PBCO, SICP, More
Revenue Growth %: +7.3%
Financial Fact:
Income tax benefit (expense): -2.17M
Today's EPS Names:
ORPB, PBCO, SICP, More
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Freshpet (NASDAQ: FRPT) reported Q2 EPS of ($0.10), $0.03 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $47.6 million versus the consensus estimate of $45.96 million.
GUIDANCE:
- To exceed net sales of $190 million, an increase greater than 25% from 2017, and reflects an increase from prior guidance of $185 million
- To exceed Adjusted EBITDA of $20.0 million, an increase greater than 14%, consistent with prior guidance
For earnings history and earnings-related data on Freshpet (FRPT) click here.
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