07.05.2018 22:04:41
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Central Garden & Pet Co Q2 adjusted earnings Beat Estimates
(RTTNews) - Central Garden & Pet Co (CENT) released a profit for its second quarter that climbed from last year.
The company's earnings totaled $45.23 million, or $0.86 per share. This compares with $34.68 million, or $0.67 per share, in last year's second quarter.
Excluding items, Central Garden & Pet Co reported adjusted earnings of $55.14 million or $1.05 per share for the period.
Analysts had expected the company to earn $0.82 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 7.6% to $613.09 million from $569.92 million last year.
Central Garden & Pet Co earnings at a glance:
-Earnings (Q2): $55.14 Mln. vs. $41.03 Mln. last year. -EPS (Q2): $1.05 vs. $0.79 last year. -Analysts Estimate: $0.82 -Revenue (Q2): $613.09 Mln vs. $569.92 Mln last year.
-Guidance: Full year EPS guidance: $1.90
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