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Freshpet Swings to Q3 Net Income, Net Sales Rise; 2024 Net Sales Guidance Revised
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Freshpet Swings to Q3 Net Income, Net Sales Rise; 2024 Net Sales Guidance Revised
Nov 4, 2024 11:38 AM

07:06 AM EST, 11/04/2024 (MT Newswires) -- Freshpet ( FRPT ) reported Q3 net income Monday of $0.24 per diluted share, swinging from a loss of $0.15 a year earlier.

Analysts polled by Capital IQ expected earnings of $0.11 per share.

Net sales for the quarter ended Sept. 30 were $253.4 million, up from $200.6 million a year earlier.

Analysts surveyed by Capital IQ expected $248.3 million.

For the full-year 2024, the company now expects net sales of roughly $975 million, compared with its prior outlook of at least $965 million. Analysts polled by Capital IQ expect $969.6 million.

Freshpet's ( FRPT ) stock was up 3.6% in recent Monday premarket activity.

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