PetMed Express Inc. Reveals Gain In Q2 Earnings

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

The company's earnings totaled $10.75 million, or $0.52 per share. This compares with $8.76 million, or $0.43 per share, in last year's second quarter.

Analysts had expected the company to earn $0.50 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.0% to $71.40 million from $66.71 million last year.

PetMed Express Inc. earnings at a glance:

-Earnings (Q2): $10.75 Mln. vs. $8.76 Mln. last year. -EPS (Q2): $0.52 vs. $0.43 last year. -Analysts Estimate: $0.50 -Revenue (Q2): $71.40 Mln vs. $66.71 Mln last year.