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Central Garden: Fiscal 1Q Earnings Snapshot

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WALNUT CREEK, Calif. (AP) _ Central Garden & Pet Co. (CENT) on Wednesday reported fiscal first-quarter net income of $5.6 million, after reporting a loss in the same period a year earlier.

The Walnut Creek, California-based company said it had net income of 10 cents per share. Earnings, adjusted for non-recurring costs, came to 28 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.

The maker of products for the pet supply and lawn and garden markets posted revenue of $592.2 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $555.6 million.

Central Garden shares have climbed 16% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $44.69, a climb of 41% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CENT at https://www.zacks.com/ap/CENT