Recap: Freshpet Q3 Earnings

Shares of Freshpet FRPT fell 4.65% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 12.50% over the past year to $0.09, which missed the estimate of $0.10.

Revenue of $84,190,000 higher by 29.00% from the same period last year, which missed the estimate of $84,270,000.

Outlook

Freshpet Reiterates FY20 Sales Guidance; Co. Expects FY20 Sales To Exceed $320M

Conference Call Details

Date: Nov 02, 2020

Time: 04:30 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.freshpet.com%2F&eventid=2626666&sessionid=1&key=6C7B144301ACE5C20EAE61C198AA3B7D&regTag=&sourcepage=register

Technicals

Company's 52-week high was at $126.60

52-week low: $40.79

Price action over last quarter: Up 9.69%

Company Description

Freshpet Inc makes and distributes natural pet foods across North America. The company's products include Nature's Fresh, Deli Fresh, Vital, and Freshpet among others.