Previous close | 0.8000 |
Open | 0.8000 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 45.00 |
Expiry date | 2024-05-17 |
Day's range | 0.8000 - 0.8000 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Robust Sales Growth and Margin Expansion Highlight Freshpet's First Quarter Achievements
Freshpet (FRPT) delivered earnings and revenue surprises of 195.45% and 3.43%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Pet food company Freshpet (NASDAQ:FRPT) reported Q1 CY2024 results exceeding Wall Street analysts' expectations, with revenue up 33.6% year on year to $223.8 million. On the other hand, the company's full-year revenue guidance of $950 million at the midpoint came in slightly below analysts' estimates. It made a GAAP profit of $0.37 per share, improving from its loss of $0.52 per share in the same quarter last year.