Core Viewpoint - Freshpet (FRPT) is anticipated to report a year-over-year increase in earnings driven by higher revenues, with the actual results being a significant factor influencing its near-term stock price [1][2]. Financial Expectations - The upcoming earnings report is expected to reveal quarterly earnings of $0.43 per share, reflecting a year-over-year increase of +79.2% [3]. - Revenues are projected to reach $284.53 million, which is a 12.3% increase compared to the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 8.07% over the last 30 days, indicating a reassessment by analysts [4]. - Despite the downward revision, the Most Accurate Estimate for Freshpet is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +1.04% [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP reading is a strong predictor of an earnings beat, particularly when combined with a favorable Zacks Rank [10]. - Freshpet currently holds a Zacks Rank of 5 (Strong Sell), complicating the prediction of an earnings beat despite the positive Earnings ESP [12][20]. Historical Performance - In the last reported quarter, Freshpet exceeded the expected earnings of $0.12 per share by delivering $0.33, resulting in a surprise of +175.00% [13]. - Over the past four quarters, the company has beaten consensus EPS estimates two times [14]. Industry Comparison - Kraft Heinz (KHC), another player in the food industry, is expected to report earnings of $0.57 per share, indicating a year-over-year decline of -24% [18]. - Kraft Heinz's revenues are projected to be $6.25 billion, down 2.1% from the previous year, with a recent EPS estimate revision of 0.9% downward [19].
Freshpet (FRPT) Reports Next Week: Wall Street Expects Earnings Growth