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Central Garden: Fiscal Q4 Earnings Snapshot

Central Garden: Fiscal Q4 Earnings Snapshot

WALNUT CREEK, Calif. (AP) — WALNUT CREEK, Calif. (AP) — Central Garden & Pet Co. (CENT) on Monday reported fiscal fourth-quarter net income of $2.8 million, after reporting a loss in the same period a year earlier.

The Walnut Creek, California-based company said it had net income of 5 cents per share. Earnings, adjusted for non-recurring costs, came to 10 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.

The maker of products for the pet supply and lawn and garden markets posted revenue of $750.1 million in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $731.8 million.