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Vital Farms Posts Higher Q1 Profit, Revenue

05/11/2021 04:09

08:06 AM EDT, 05/11/2021 (MT Newswires) -- Vital Farms (VITL) on Tuesday reported Q1 earnings of $0.08 per share, up from year-ago earnings of $0.05 per share. The Capital IQ estimate for the quarter was a loss of $0.02 per share.

Quarterly revenue reached $58.5 million, up from year-ago revenue of $47.6 million. The street estimate was $56.4 million.

For the full fiscal year 2021, the company maintained its net revenue expectations of $246 million to $253 million, reflecting an increase of 15% to 18% compared to 2020.

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