Hydrofarm Holdings Group Inc expected to post a loss of $2.03 a share - Earnings Preview

Reuters
03-03
Hydrofarm Holdings Group Inc <hyfm.oq> expected to post a loss of $2.03 a share - Earnings Preview </hyfm.oq>
  • Hydrofarm Holdings Group Inc HYFM.OQ HYFM.O is expected to show a fall in quarterly revenue when it reports results on March 5 for the period ending December 31 2024

  • The Shoemakersville Pennsylvania-based company is expected to report a 13.0% decrease in revenue to $41.067 million from $47.18 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Hydrofarm Holdings Group Inc is for a loss of $2.03 per share.

  • 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 mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Hydrofarm Holdings Group Inc is $7.00​, above​ its last closing price of $4.95. ​​​

This summary was machine generated March 3 at 13:49 GMT. 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)

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