===Freshpet (FRPT) reported earnings on Mon 6 May 24 (b/o)

 

Freshpet beats by $0.59, beats on revs; reaffirms FY24 revs guidance; raises FY24 EBITDA

• Reports Q1 (Mar) earnings of $0.37 per share, $0.59 better than the FactSet Consensus of ($0.22); revenues rose 33.6% year/year to $223.8 mln vs the $216.44 mln FactSet Consensus.
  • Q1 Adjusted EBITDA of $30.6 million
• Co reaffirms guidance for FY24, sees FY24 revs of at least $950 mln vs. $955.19 mln FactSet Consensus.
  • Adjusted EBITDA of at least $120 million, compared to a range of $100 to $110 million in the previous guidance