Central Garden & Pet Q1 adjusted earnings Miss Estimates

(RTTNews) - Central Garden & Pet (CENTA) reported a profit for first quarter that fell from the same period last year.

The company's profit totaled $1.80 million, or $0.03 per share. This compares with $26.25 million, or $0.50 per share, in last year's first quarter.

Excluding items, Central Garden & Pet reported adjusted earnings of $1.80 million or $0.03 per share for the period.

Analysts had expected the company to earn $0.09 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.5% to $461.99 million from $442.01 million last year.

Central Garden & Pet earnings at a glance:

-Earnings (Q1): $1.80 Mln. vs. $9.90 Mln. last year. -EPS (Q1): $0.03 vs. $0.19 last year. -Analysts Estimate: $0.09 -Revenue (Q1): $461.99 Mln vs. $442.01 Mln last year.