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FRPT — Freshpet News Story

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Freshpet Inc reports results for the quarter ended March 31 - Earnings Summary

Freshpet Inc FRPT.OQ reported quarterly adjusted earnings of 9 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 37 cents.  The mean expectation of fifteen analysts for the quarter was for earnings of 9 cents per share. Wall Street expected results to range from -3 cents to 18 cents per share.

Revenue rose 17.6% to $263.25 million from a year ago; analysts expected $260.12 million.

Freshpet Inc's reported EPS for the quarter was a loss of 26 cents​.

The company reported a quarterly loss of $12.7 million.

Freshpet Inc shares had fallen by 8.2% this quarter and lost 48.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 61.6% 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," 5 "hold" and no "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 $122.50

This summary was machine generated from LSEG data May 5 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
Mar. 31 20250.090.09Met
Dec. 31 20240.390.36Missed
Sep. 30 20240.110.24Beat
Jun. 30 2024-0.05-0.03Beat

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