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Benzinga
Benzinga
Business
Triveni Kothapalli

Highly Short Stock Freshpet Sees Short Squeeze From Strong Q3 Performance

Freshpet FRPT
FreshPet

Freshpet Inc. (NASDAQ:FRPT) reported third-quarter results on Monday that topped Wall Street expectations.

The company reported earnings of $1.86 per share, while analysts estimated 44 cents per share. The increase in earnings was due to the deferred income tax benefit resulting from the release of a $77.9 million valuation allowance in the current quarter.

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