Natural Grocers by Vitamin Cottage (NYSE:NGVC) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
Natural Grocers by Vitamin Cottage Earnings Cheat Sheet
Revenue: Rose 25.43% to $106.5 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Natural Grocers by Vitamin Cottage reported adjusted EPS income of $0.14 per share. By that measure, the company beat the mean analyst estimate of $0.13. It beat the average revenue estimate of $102.59 million.
Quoting Management: “We are pleased to announce our results this quarter with continued strength in both sales and earnings growth while remaining focused on our five founding principles,” stated Kemper Isely, Co-President.
Key Stats (on next page)…
Revenue increased 11.13% from $95.83 million in the previous quarter. EPS increased 40% from $0.10 in the previous quarter.
Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.14 and has not changed. For the current year, the average estimate is a profit of $0.49, which is the same with that ninety days ago.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)