PetMed Express Inc. Announces Retreat In Q3 Bottom Line

(RTTNews) - PetMed Express Inc. (PETS) reported a profit for third quarter that dropped from the same period last year.

The company's earnings totaled $7.79 million, or $0.38 per share. This compares with $9.06 million, or $0.44 per share, in last year's third quarter.

Analysts had expected the company to earn $0.48 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 0.1% to $60.07 million from $60.11 million last year.

PetMed Express Inc. earnings at a glance:

-Earnings (Q3): $7.79 Mln. vs. $9.06 Mln. last year. -EPS (Q3): $0.38 vs. $0.44 last year. -Analysts Estimate: $0.48 -Revenue (Q3): $60.07 Mln vs. $60.11 Mln last year.