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FRPT — Freshpet News Story

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Freshpet Inc reports results for the quarter ended June 30 - Earnings Summary

Freshpet Inc FRPT.OQ reported quarterly adjusted earnings of 33 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -3 cents.  The mean expectation of sixteen analysts for the quarter was for earnings of 13 cents per share. Wall Street expected results to range from -11 cents to 35 cents per share.

Revenue rose 12.5% to $264.69 million from a year ago; analysts expected $267.97 million.

Freshpet Inc's reported EPS for the quarter was 33 cents​.

The company reported quarterly net income of $16.36 million.

Freshpet Inc shares had fallen by 3.1% this quarter and lost 55.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 32.1% in the last three months.​

In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the food processing peer group is also "buy"

Wall Street's median 12-month price target for Freshpet Inc is $94.50, about 30.3% above its last closing price of $65.85

This summary was machine generated from LSEG data August 4 at 01:31 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.130.33Beat
Mar. 31 20250.100.09Missed
Dec. 31 20240.390.36Missed
Sep. 30 20240.110.24Beat

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