Benzinga | Aug 4, 2020 11:48AM EDT

Preview: Central Garden & Pet's Earnings

On Wednesday, August 05, Central Garden & Pet (NASDAQ:CENT) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Earnings and Revenue

Based on Central Garden & Pet management projections, analysts predict EPS of $0.8 on revenue of $724.05 million. Central Garden & Pet reported a per-share profit of $0.8 when it published results during the same quarter last year. Sales in that period totaled $706.58 million. If the company were to match the consensus estimate when it reports Wednesday, earnings would remain the same. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2019 Q3 2019EPS Estimate 0.74 -0.12 0.17 0.85EPS Actual 0.78 -0.08 0.04 0.80Revenue Estimate 692.90 M 476.20 M 517.00 M 679.90 MRevenue Actual 703.23 M 482.83 M 540.74 M 706.58 M

Stock Performance

Shares of Central Garden & Pet were trading at $39.91 as of August 04. Over the last 52-week period, shares are up 69.72%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Central Garden & Pet is scheduled to hold the call at 16:30:00 ET and can be accessed here: https://78449.themediaframe.com/dataconf/productusers/cent/mediaframe/36662/indexl.html