Shares of Central Garden & Pet Company (CENTA) are soaring more than 10% in Tuesday's intraday trading session, following the company's impressive fiscal fourth-quarter results that surpassed analysts' expectations.
The company reported a narrower-than-anticipated adjusted loss of $0.09 per share for the fiscal fourth quarter, beating the FactSet consensus estimate of a $0.20 loss. Revenue for the quarter came in at $678.2 million, significantly above the expected $655.7 million, demonstrating strong performance across its business segments.
Looking ahead, Central Garden & Pet provided guidance for fiscal 2026, projecting non-GAAP earnings per share of $2.70 or better. While this outlook is slightly below the current analyst consensus of $2.77, investors appear to be focusing on the company's robust Q4 performance and potential for future growth.