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Freshpet: 3Q Earnings Snapshot

·1 min read

SECAUCUS, N.J. (AP) _ Freshpet Inc. (FRPT) on Monday reported third-quarter net income of $3.5 million.

On a per-share basis, the Secaucus, New Jersey-based company said it had profit of 9 cents.

The results met Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was also for earnings of 9 cents per share.

The seller of refrigerated fresh pet food posted revenue of $84.2 million in the period, surpassing Street forecasts. Six analysts surveyed by Zacks expected $84 million.

Freshpet shares have more than doubled since the beginning of the year. In the final minutes of trading on Monday, shares hit $118.51, more than doubling 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 FRPT at https://www.zacks.com/ap/FRPT