• Hydrofarm Holdings Group Inc HYFM.OQ reported a quarterly adjusted loss of 9 cents​​ per share for the quarter ended January 1, higher than the same quarter last year, when the company reported EPS of -16 cents. The mean expectation of two analysts for the quarter was for a loss of 18 cents per share.

• Revenue fell 18.8% to $44.01 million from a year ago; analysts expected $49.14 million.

• Hydrofarm Holdings Group Inc's reported EPS for the quarter was a loss of 29 cents​.

• The company reported a quarterly loss of $13.15 million.

• Hydrofarm Holdings Group Inc shares had fallen by 14.7% this quarter and lost 35.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 5.9% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the heavy machinery & vehicles peer group is also "hold"

Wall Street's median 12-month price target for Hydrofarm Holdings Group Inc is $0.70

This summary was machine generated from LSEG data November 7 at 08:45 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)