Freshpet Q4 EPS $0.31 Beats $0.05 Estimate, Sales $215.42M Beat $204.36M Estimate
Portfolio Pulse from Benzinga Newsdesk
Freshpet (NASDAQ:FRPT) reported Q4 earnings of $0.31 per share, surpassing the $0.05 estimate, marking a 616.67% increase from last year's losses. Sales reached $215.42M, beating the $204.36M estimate, a 29.90% increase from the previous year.
February 26, 2024 | 11:32 am
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Freshpet's Q4 earnings and sales significantly exceeded analyst estimates, showcasing strong financial performance and growth.
Freshpet's substantial beat on both earnings per share and sales estimates indicates a strong financial performance and positive growth trajectory. This outperformance, especially the significant earnings beat and year-over-year growth, is likely to instill investor confidence and could lead to a positive short-term impact on FRPT's stock price.
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