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Why Freshpet Stock Plummeted Today

TheMotleyFool 
0 0 20.02.25
Why Freshpet Stock Plummeted TodayPhoto, wide shot, wide-angle lens, Supermarket, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.theapi.app/temp/12c4d93c-5c0e-4e39-8e32-e47404ce9d79.png
 

Shares of "better for them" pet food maker (NASDAQ: FRPT) were down by 19% as of 1:50 p.m. ET Thursday, according to data provided by S&P Global Market Intelligence.

While the company's fourth-quarter earnings report was generally impressive, the shares had previously been priced for near perfection, and the figures Freshpet delivered didn't quite meet analysts' optimistic estimates. The consensus expectations had been for earnings of $0.38 per share on revenue of $263.97 million, but Freshpet reported earnings of $0.36 per share on revenue of $262.71 million. 

Freshpet's premium fresh and refrigerated pet food options have quickly become a hit among pet owners looking to take better care of their furry friends.

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Source Fool.com

Freshpet Inc. Stock

€63.38
0.760%
Freshpet Inc. gained 0.760% compared to yesterday.
Our community is currently high on Freshpet Inc. with 3 Buy predictions and 0 Sell predictions.
On the other hand, the target price of 62 € is below the current price of 63.38 € for Freshpet Inc., so the potential is actually -2.18%.
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