Analysts Estimate Central Garden (CENTA) to Report a Decline in Earnings: What to Look Out for [Yahoo! Finance]
Central Garden & Pet Company - Class A Nonvoting (CENTA)
US:NASDAQ Investor Relations:
central.com
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Source: Yahoo! Finance
While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This pet and lawn products maker is expected to post quarterly loss of $0.20 per share in its upcoming report, which represents a year-over-year change of -350%. Revenues are expected to be $723.82 million, down 3.5% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 87.5% higher over the last 30 days to the current l
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