PetIQ, Inc. Reports Record Fourth Quarter and Full Year 2018 Financial Results

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PetIQ Inc. (PETQ) PT Raised to $41 at Raymond James

March 12, 2019 7:11 AM EDT

Raymond James analyst Joseph Altobello raised the price target on PetIQ Inc. (NASDAQ: PETQ) to $41.00 (from $39.00) while maintaining a Outperform rating following strong Q4 executions and encouraging initial 2019 guidance.

PETQs veterinary wellness center expansion remains on track, with the company reiterating its long-term... More

PetIQ, Inc. (PETQ) Misses Q4 EPS by 23c, Revenues Beat; Offers FY19 Revenue Guidance

March 11, 2019 4:12 PM EDT

PetIQ, Inc. (NASDAQ: PETQ) reported Q4 EPS of ($0.16), $0.23 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $111 million versus the consensus estimate of $98.72 million.

Record fourth quarter net sales of $111.0 million, an increase of 114%; representing organic net sales growth of 70%Net loss of $5.3 million compared to a loss of $3.4 millionAdjusted net income of $1.2... More