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Freshpet reports 3Q loss

SECAUCUS, N.J. (AP) _ Freshpet Inc. (FRPT) on Monday reported a third-quarter loss of $246,000, after reporting a profit in the same period a year earlier.

The Secaucus, New Jersey-based company said it had a loss of 1 cent per share.

The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for a loss of 1 cent per share.

The seller of refrigerated fresh pet food posted revenue of $41.2 million in the period, topping Street forecasts. Six analysts surveyed by Zacks expected $41.1 million.

Freshpet expects full-year revenue of $156 million.

Freshpet shares have risen 55 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $15.70, an increase of 94 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FRPT at https://www.zacks.com/ap/FRPT