Central Garden & Pet Q3 2024 Adj. EPS $1.32 Beats $1.20 Estimate, Sales $996.348M Miss $1.002B Estimate
Portfolio Pulse from Benzinga Newsdesk
Central Garden & Pet (NASDAQ:CENTA) reported Q3 2024 adjusted EPS of $1.32, beating the analyst estimate of $1.20. However, sales of $996.348 million missed the $1.002 billion estimate and were down 2.61% from the same period last year.
August 07, 2024 | 8:04 pm
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NEUTRAL IMPACT
Central Garden & Pet reported Q3 2024 EPS of $1.32, beating estimates by 10%, but sales of $996.348 million missed expectations and were down 2.61% YoY.
The positive EPS surprise is offset by the sales miss and YoY decline, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100