FRPT Earnings Prediction
The chart below shows how FRPT performed 10 days before and after its earnings report, based on data from the past quarters. Typically, FRPT sees a -9.96% change in stock price 10 days leading up to the earnings, and a -1.45% change 10 days following the report. On the earnings day itself, the stock moves by +7.39%. This data can give you a slight idea of what to expect for the next quarter's release.
FRPT Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
253.37M
26.29%
7.70%
Gross Margin
40.61%
22.91%
1.65%
Operating Margin
5.00%
251.06%
-824.64%
Net Margin
4.69%
231.37%
-751.39%
EPS
0.24
260.00%
-900.00%
No Data Available
FRPT Earnings Analysis
Freshpet, Inc. Corporation (FRPT.O) Earnings Conference Call
Positive
Consistent Growth Achievement: In Q3, we delivered our 25th consecutive quarter of 25% year-on-year growth, as a significant expansion in our adjusted gross margin, adjusted EBITDA margin, and sizable operating cash flow.
Strong Operating Cash Flow: We generated more than $100 million in operating cash flow so far this year.
Net Sales Increase: In Q3, net sales were $253.4 million, up 26% year-over-year.
Channel Growth Highlights: We saw 24% growth in XAO, 22% in US food, and over 70% growth in the unmeasured channel.
Adjusted EBITDA Margin: We ended the third quarter with an adjusted EBITDA margin of 17.2%.
Negative
Net Sales Increase: Third quarter net sales were $253.4 million, up 26% year-over-year, but Nielsen measured dollar growth was 23% versus the prior year period with broad-based consumption growth across channels.
Gross Margin Improvement: Third quarter adjusted gross margin was 46.5%, up 630 basis points year-over-year, driven by improvements in input costs, yield, throughput, and quality cost.
EBITDA Improvement Analysis: Third quarter adjusted EBITDA was $43.5 million or 17.2% of net sales compared to $23.2 million or 11.6% of net sales in the prior year period, indicating a significant improvement but still reflecting challenges in the market.
Rising SG&A Expenses: Third quarter SG&A was 29.3% of net sales compared to 28.6% in the prior year period, indicating rising operational costs.
Capital Spending Update: Capital spending in the third quarter was $34 million, lower than expected due to the timing of projects and payments.
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FRPT Earning Call Sentiment
Freshpet, Inc. (FRPT) Q3 2024 Earnings Call Transcript
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00:00
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FRPT.O
-3.57%Positive
The earnings call reflects strong financial performance with a 26% increase in net sales and improved margins. The raised guidance for net sales and EBITDA, along with positive cash flow and a disciplined shareholder return plan, indicate a positive outlook. The Q&A section highlights potential growth in Europe and D2C markets, despite some uncertainties in technology impact and product usage. Overall, the positive growth trajectory and strategic investments suggest a likely stock price increase in the short term.
