Phibro: Fiscal Q1 Earnings Snapshot

TEANECK, N.J. (AP) — TEANECK, N.J. (AP) — Phibro Animal Health Corp. (PAHC) on Wednesday reported fiscal first-quarter net income of $29.5 million.

The Teaneck, New Jersey-based company said it had profit of 72 cents per share. Earnings, adjusted for one-time gains and costs, were 79 cents per share.

The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 79 cents per share.

The maker of animal health products and nutritional supplements posted revenue of $386.8 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $379 million.

Phibro expects full-year revenue in the range of $1.55 billion to $1.6 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PAHC at https://www.zacks.com/ap/PAHC