01.12.2016 22:06:18

Central Garden & Pet Co Q4 Profit Climbs 2166%

(RTTNews) - Central Garden & Pet Co (CENT) announced earnings for its fourth quarter that climbed compared to the same period last year.

The company said its bottom line advanced to $6.57 million, or $0.13 per share. This was higher than $0.29 million, or $0.01 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.05 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.0% to $413.41 million. This was up from $386.37 million last year.

Central Garden & Pet Co earnings at a glance:

-Earnings (Q4): $6.57 Mln. vs. $0.29 Mln. last year. -Earnings Growth (Y-o-Y): 2165.5% -EPS (Q4): $0.13 vs. $0.01 last year. -EPS Growth (Y-o-Y): 1200% -Analysts Estimate: $0.05 -Revenue (Q4): $413.41 Mln vs. $386.37 Mln last year. -Revenue Change (Y-o-Y): 7.0%

-Guidance: Full year EPS guidance: $1.34

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