Central Garden & Pet Company (CENT) Queued for Q2 Earnings [Yahoo! Finance]
Central Garden & Pet Company - Class A Nonvoting (CENTA)
US:NASDAQ Investor Relations:
central.com
Company Research
Source: Yahoo! Finance
The Zacks Consensus Estimate for revenues is pegged at $894.5 million, which indicates a decline of 1.6% from the prior-year reported figure. Over the past 30 days, the Zacks Consensus Estimate for second-quarter earnings per share, currently pegged at 83 cents, has risen by a couple of cents. Central Garden & Pet Company has a trailing four-quarter earnings surprise of 37.8%, on average. In the last reported quarter, the company's bottom line outperformed the Zacks Consensus Estimate by a margin of 105.6%. Key Factors to Note Central Garden & Pet Company confronts deflationary pressures in certain commodity businesses, navigating changes in consumer behavior and grappling with unfavorable retailer inventory dynamics against a backdrop of macroeconomic and geopolitical uncertainty. Also, the softening trend in pet adoptions appears to have influenced the company's top-line performance. Our projections indicate a 4.5% year-over-year decline in net sales for the Pet segment. Non
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News
- Central Garden & Pet (NASDAQ: CENTA) had its price target raised by analysts at Truist Financial Co. from $45.00 to $50.00. They now have a "buy" rating on the stock.MarketBeat
- Central Garden & Pet (NASDAQ: CENTA) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Central Garden & Pet (CENT) Q2 Earnings Beat, Margins Expand [Yahoo! Finance]Yahoo! Finance
- Central Garden & Pet (NASDAQ: CENTA) had its price target raised by analysts at Monness Crespi & Hardt from $39.00 to $42.00. They now have a "buy" rating on the stock.MarketBeat
- Central Garden & Pet Announces Q2 Fiscal 2024 Financial ResultsBusiness Wire