Freshpet, Inc. Reports Fourth Quarter and Full Year 2020 Financial Results

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Go back to Freshpet, Inc. Reports Fourth Quarter and Full Year 2020 Financial Results

Freshpet (FRPT) Misses Q4 EPS by 17c, Revenues Miss; Offers FY21 Revenue Guidance Above Consensus

February 22, 2021 4:51 PM EST

Freshpet (NASDAQ: FRPT) reported Q4 EPS of ($0.08), $0.17 worse than the analyst estimate of $0.09. Revenue for the quarter came in at $84.5 million versus the consensus estimate of $85.53 million.

Fourth Quarter 2020 Financial Highlights Compared to Prior Year Period

Net sales of $84.5 million, an increase of 28.5%Net loss of $3.3 million, compared with prior year net income of $4.6 millionAdjusted EBITDA of $12.9 million, compared to $13.2 million1

Thanks to the efforts of our dedicated team members, Freshpet has continued to weather the COVID-19 storm and produced our fourth consecutive year of accelerating... More