Freshpet Inc expected to post a loss of 23 cents a share - Earnings Preview

Freshpet

03/05/2024 17:10

* Freshpet Inc  FRPT.OQ   FRPT.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 6 for the
period ending March 31 2024
    * The Secaucus New Jersey-based  company is expected to
report a
29.2% increase in revenue to $216.418 million from $167.52
million a year ago, according to the mean estimate from 16
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Freshpet Inc is for a
loss
of 23 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 4
"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 Freshpet
Inc is
$125.00​, above​ its last closing price of $107.08. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.07        0.05       0.31      Beat    477.9
 Sep. 30 2023  -0.19       -0.19      -0.15     Beat    20.2
 Jun. 30 2023  -0.45       -0.43      -0.35     Beat    19.4​
 Jan. 1 0001   -0.09       -0.44      -0.52     Missed  -16.9
 ​​Jan.        -0.09       -0.09      -0.06     Beat    33.6
 1 0001                                                 
 Jan. 1 0001   -0.26       -0.26      -0.39     Missed  -47.4​
 Jun. 30 2022  -0.16       -0.15      -0.45     Missed  -207.5
 Mar. 31 2022  -0.41       -0.39      -0.40     Missed  -2.7
 This summary was machine generated May 3 at 16:10 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)