PetMed Express Q3 Profit Tops View - Quick Facts

(RTTNews) - PetMed Express Inc. (PETS) reported that its third-quarter net income was $4.8 million or $0.24 per share, up from last year's $4.5 million or $0.23 per share in the prior year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.22 per share for the quarter. Analysts' estimates typically exclude special items.

Net sales for the period decreased 1.6% to $49.28 million from $50.09 million last year, while 5 analysts had a consensus revenue estimate of $49.34 million for the quarter.

Further, the Board of Directors declared a quarterly dividend of $0.17 per share, payable on February 13, 2015, to shareholders of record at the close of business on February 3, 2015.