Core Insights - Central Garden (CENTA) reported quarterly earnings of $1.04 per share, exceeding the Zacks Consensus Estimate of $0.94 per share, and up from $0.99 per share a year ago, representing an earnings surprise of 10.64% [1] - The company posted revenues of $833.54 million for the quarter ended March 2025, which missed the Zacks Consensus Estimate by 4.76% and decreased from $900.09 million year-over-year [2] - Central Garden has surpassed consensus EPS estimates in all four of the last quarters, but has only topped revenue estimates once in the same period [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.32 on revenues of $1.01 billion, and for the current fiscal year, it is $2.37 on revenues of $3.23 billion [7] - The estimate revisions trend for Central Garden is mixed, leading to a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Consumer Products - Discretionary industry, to which Central Garden belongs, is currently ranked in the bottom 32% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Central Garden's stock performance [5]
Central Garden (CENTA) Beats Q2 Earnings Estimates