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PetIQ: 2Q Earnings Snapshot

August 7, 2019

EAGLE, Idaho (AP) _ PetIQ Inc. (PETQ) on Wednesday reported second-quarter earnings of $3.8 million.

The Eagle, Idaho-based company said it had net income of 17 cents per share. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, were 70 cents per share.

The pet medications and products maker posted revenue of $220.6 million in the period, beating Street forecasts. Five analysts surveyed by Zacks expected $193.8 million.

PetIQ shares have climbed 37% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $32.27, a rise of 19% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PETQ at https://www.zacks.com/ap/PETQ

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