Central Garden & Pet Co expected to post earnings of $1.21 a share - Earnings Preview

Central Garden & Pet

06/08/2024 03:58

* Central Garden & Pet Co  CENT.OQ   CENT.O  is expected
to show a
fall in quarterly revenue when it reports  results on August 7
for the period ending June 30 2024
    * The Walnut Creek California-based  company is expected to
report
a 2.1% decrease in revenue to $1.002 billion from $1.02 billion
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Central Garden & Pet Co
is for
earnings of $1.21 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Central
Garden &
Pet Co is $49.00​, above​ its last closing price of $37.55. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.78        0.80       0.99      Beat    24.3
 Dec. 31 2024  -0.18       -0.17      0.01      Beat    105.7
 Sep. 30 2023  0.06        0.07       0.05      Missed  -26.5​
 Jun. 30 2023  1.50                   1.75              18.2
 ​​Mar.        0.90        0.95       0.90      Missed  -4.8
 31 2023                                                
 Dec. 31 2022  -0.17       -0.17      -0.16     Beat    7​
 Sep. 30 2022  -0.01       0.01       -0.04     Missed  -766.7
 Jun. 30 2022  1.28        1.27       1.39      Beat    9.4
 This summary was machine generated August 6 at 02:58 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)