Freshpet Q3 EPS $(0.15) Beats $(0.19) Estimate, Sales $200.60M Beat $194.11M Estimate
Portfolio Pulse from Benzinga Newsdesk
Freshpet (NASDAQ:FRPT) reported Q3 losses of $(0.15) per share, beating the analyst consensus estimate of $(0.19) by 21.05%. This is a 61.54% increase over losses from the same period last year. The company also reported quarterly sales of $200.60 million, beating the analyst consensus estimate of $194.11 million by 3.34%. This is a 32.56% increase over sales from the same period last year.
November 06, 2023 | 11:31 am
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Freshpet's Q3 results exceeded analyst expectations, with a significant YoY increase in earnings and sales. This could potentially boost investor confidence in the company.
Freshpet's Q3 results exceeded analyst expectations, which is typically a positive signal to investors. The significant YoY increase in earnings and sales indicates that the company is on a growth trajectory, which could potentially boost its stock price in the short term.
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