Hain Celestial Group Inc reports results for the quarter ended September 30 - Earnings Summary

Reuters
2024-11-09

* Hain Celestial Group Inc reported a quarterly adjusted loss of 4 cents​​ per share for the quarter ended September 30, identical to the same quarter last year. The mean expectation of fifteen analysts for the quarter was for a loss of 2 cents per share. Wall Street expected results to range from -6 cents to 2 cents per share.

* Revenue fell 7.2% to $394.60 million from a year ago; analysts expected $394.52 million.

* Hain Celestial Group Inc's reported EPS for the quarter was a loss of 22 cents​.

* The company reported a quarterly loss of $19.66 million.

* Hain Celestial Group Inc shares had fallen by 13.5% this quarter and lost 31.8% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 233.3% 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 "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 10 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the food processing peer group is also "buy"

Wall Street's median 12-month price target for Hain Celestial Group Inc is $9.00 This summary was machine generated from LSEG data November 8 at 09:04 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 -0.02 -0.04 Missed

Jun. 30 2024 0.08 0.13 Beat

Mar. 31 2024 0.07 0.13 Beat

Dec. 31 2023 0.12 0.12 Met

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