Hydrofarm Holdings Group Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
03-06
Hydrofarm Holdings Group Inc reports results for the quarter ended December 31 - Earnings Summary
  • Hydrofarm Holdings Group Inc HYFM.OQ reported a quarterly adjusted loss of $2.09​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $-1.00. The mean expectation of two analysts for the quarter was for a loss of $2.03 per share.

  • Revenue fell 20.9% to $37.31 million from a year ago; analysts expected $41.07 million.

  • Hydrofarm Holdings Group Inc's reported EPS for the quarter was a loss of $3.80​.

  • The company reported a quarterly loss of $17.51 million.

  • Hydrofarm Holdings Group Inc shares had fallen by 20.9% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 1.5% in the last three months.​

  • In the last 30 days, one analyst negatively revised an earnings estimate

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 $7.00

This summary was machine generated from LSEG data March 5 at 06:59 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

Dec. 31 2024

-2.03

-2.09

Missed

Sep. 30 2024

-1.80

-0.90

Beat

Jun. 30 2024

-2.00

-0.50

Beat

Mar. 31 2024

-1.90

-0.80

Beat

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