PetMed Express Inc. Reports 9% Advance In Q2 Bottom Line

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

The company said its bottom line advanced to $4.90 million, or $0.24 per share. This was up from $4.50 million, or $0.22 per share, in last year's second quarter.

Analysts had expected the company to earn $0.26 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.2% to $60.79 million. This was up from $56.73 million last year.

PetMed Express Inc. earnings at a glance:

-Earnings (Q2): $4.90 Mln. vs. $4.50 Mln. last year. -Earnings Growth (Y-o-Y): 8.9% -EPS (Q2): $0.24 vs. $0.22 last year. -EPS Growth (Y-o-Y): 9.1% -Analysts Estimate: $0.26 -Revenue (Q2): $60.79 Mln vs. $56.73 Mln last year. -Revenue Change (Y-o-Y): 7.2%