WALNUT CREEK, Calif. (AP) — WALNUT CREEK, Calif. (AP) — Central Garden & Pet Co. (CENT) on Wednesday reported fiscal third-quarter earnings of $79.7 million.
The Walnut Creek, California-based company said it had profit of $1.19 per share. Earnings, adjusted for non-recurring costs, were $1.32 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.25 per share.
The maker of products for the pet supply and lawn and garden markets posted revenue of $996.3 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $1.01 billion.
Central Garden shares have fallen slightly more than 5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $37.98, a climb of roughly 4% 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 CENT at https://www.zacks.com/ap/CENT
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