Freshpet Q4 Earnings Miss Estimates
Freshpet Inc. (FRPT) reported earnings of $18.1 million for the fourth quarter, translating to 36 cents per share. Analysts had anticipated earnings of 44 cents per share.
The Bedminster, New Jersey-based company's revenue reached $262.7 million, falling short of the $263.5 million consensus estimate.
For the full year, Freshpet posted a profit of $46.9 million or 93 cents per share, with revenue of $975.2 million.
The company projects full-year revenue to range from $1.18 billion to $1.21 billion.