Vital Farms, Inc. (VITL) announced earnings for its fourth quarter that increased from last year and beat the Street estimates.
The company's earnings came in at $10.58 million, or $0.23 per share. This compares with $7.21 million, or $0.17 per share, last year.
Analysts on average had expected the company to earn $0.17 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 22.2% to $165.99 million from $135.81 million last year.
Vital Farms, Inc. earnings at a glance (GAAP) :
-Earnings: $10.58 Mln. vs. $7.21 Mln. last year.
-EPS: $0.23 vs. $0.17 last year.
-Revenue: $165.99 Mln vs. $135.81 Mln last year.
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