VCA Antech (WOOF) Tops Q3 EPS by 4c

VCA Antech (NASDAQ: WOOF) reported Q3 EPS of $0.56, $0.04 better than the analyst estimate of $0.52. Revenue for the quarter came in at $499.6 million versus the consensus estimate of $493.35 million.

"In addition to our excellent operating results, we are very excited about the accelerating pace of our animal hospital acquisition program. During the quarter, we acquired 13 independent animal hospitals with historical combined annual revenue of $26.0 million bringing our year-to-date total to $54.0 million. We have a robust pipeline of acquisition transactions in current discussions and we expect to acquire a total of $120 million of annual revenue for the entire year, which is significantly over our previous guidance of $60 to $70 million. As a result of this momentum, we are extremely optimistic with respect to our results for the fourth quarter of this year.

For earnings history and earnings-related data on VCA Antech (WOOF) click here.

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