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Freshpet Analysts Boost Their Forecasts Following Strong Q2 Results

Aug 6, 2024, 12:29 PM EDT1 sourcesAI-analyzed

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Freshpet's Q2 EPS loss of $0.03 beat consensus estimates. Quarterly sales reached $235.25 million, surpassing analyst expectations. Company raised full-year 2024 net sales guidance to at least $965 million. CEO confident in achieving 2027 targets after strong first-half performance. Analysts raised price targets; Baird to $140, JP Morgan to $126.

  • Freshpet's Q2 EPS loss of $0.03 beat consensus estimates.
  • Quarterly sales reached $235.25 million, surpassing analyst expectations.
  • Company raised full-year 2024 net sales guidance to at least $965 million.
  • CEO confident in achieving 2027 targets after strong first-half performance.
  • Analysts raised price targets; Baird to $140, JP Morgan to $126.

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