PetMed Express Inc. Reports 18% Gain In Q2 Profit

(RTTNews) - PetMed Express Inc. (PETS) reported earnings for its second quarter that increased compared to the same period last year.

The company said its bottom line totaled $4.5 million, or $0.22 per share. This was up from $3.8 million, or $0.19 per share, in last year's second quarter.

Analysts had expected the company to earn $0.20 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.5% to $56.73 million. This was down from $57.58 million last year.

PetMed Express Inc. earnings at a glance:

-Earnings (Q2): $4.5 Mln. vs. $3.8 Mln. last year. -Earnings Growth (Y-o-Y): 18.4% -EPS (Q2): $0.22 vs. $0.19 last year. -EPS Growth (Y-o-Y): 15.8% -Analysts Estimate: $0.20 -Revenue (Q2): $56.73 Mln vs. $57.58 Mln last year. -Revenue Change (Y-o-Y): -1.5%