TEANECK, N.J. (AP) — TEANECK, N.J. (AP) — Phibro Animal Health Corp. (PAHC) on Wednesday reported fiscal third-quarter net income of $24 million.
On a per-share basis, the Teaneck, New Jersey-based company said it had profit of 59 cents. Earnings, adjusted for one-time gains and costs, came to 76 cents per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share.
The maker of animal health products and nutritional supplements posted revenue of $383.5 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $360.9 million.
Phibro expects full-year revenue in the range of $1.46 billion to $1.5 billion.
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