WALNUT CREEK, Calif. (AP) — WALNUT CREEK, Calif. (AP) — Central Garden & Pet Co. (CENT) on Monday reported a fiscal fourth-quarter loss of $34.2 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Walnut Creek, California-based company said it had a loss of 51 cents. Losses, adjusted for one-time gains and costs, came to 18 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 20 cents per share.
The maker of products for the pet supply and lawn and garden markets posted revenue of $669.5 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $723.8 million.
Central Garden expects full-year earnings to be $2.20 per share.
Central Garden shares have declined 3% since the beginning of the year. In the final minutes of trading on Monday, shares hit $38.81, a rise of 21% in the last 12 months.
_____
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
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。