Citi Says Freshpet (FRPT) Deserves Valuation, Reiterates Sell

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Go back to Citi Says Freshpet (FRPT) Deserves Valuation, Reiterates Sell

Freshpet (FRPT) Misses Q1 EPS by 23c, Slight Miss on Revenues; Offers FY21 Revenues Below Consensus

May 3, 2021 4:53 PM EDT

Freshpet (NASDAQ: FRPT) reported Q1 EPS of ($0.26), $0.23 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $93.4 million versus the consensus estimate of $93.97 million.

First Quarter 2021 Financial Highlights Compared to Prior Year Period

Net sales of $93.4 million, an increase of 33.3%Net loss of $10.9 million, compared with prior year net loss of $3.6... More