Stock Track | Hawkins Stock Plunges 5% on Q2 Earnings and Revenue Miss

Stock Track

Oct 31, 2024

Shares of Hawkins, Inc. (NASDAQ: HWKN), a leading specialty chemical and ingredients company, plummeted 5.03% on October 30, 2024, following the release of the company's fiscal second-quarter results for 2025. The stock decline can be attributed to Hawkins' lower-than-expected earnings and revenue performance during the quarter.

For the three months ended September 29, 2024, Hawkins reported earnings of $1.16 per share, falling short of the consensus estimate of $1.18 per share. The company's revenue also missed expectations, coming in at $247 million compared to analysts' projections of $259.6 million.

Despite the missed estimates, Hawkins saw growth in its Water Treatment segment, with sales increasing 23% year-over-year to $124.5 million. However, this was offset by declines in the Industrial and Health and Nutrition segments, where sales fell by 9% and 12%, respectively, due to lower selling prices and reduced demand for certain products.

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(NASDAQ: HWKN), a leading specialty chemical and ingredients company, plummeted 5.03% on October 30, 2024, following the release of the company's fiscal second-quarter results for 2025. The stock decline can be attributed to Hawkins' lower-than-expected earnings and revenue performance during the quarter.</p>\n\n<p>For the three months ended September 29, 2024, Hawkins reported earnings of $1.16 per share, falling short of the consensus estimate of $1.18 per share. The company's revenue also missed expectations, coming in at $247 million compared to analysts' projections of $259.6 million.</p>\n\n<p>Despite the missed estimates, Hawkins saw growth in its Water Treatment segment, with sales increasing 23% year-over-year to $124.5 million. 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(NASDAQ: HWKN), a leading specialty chemical and ingredients company, plummeted 5.03% on October 30, 2024, following the release of the company's fiscal second-quarter results for 2025. The stock decline can be attributed to Hawkins' lower-than-expected earnings and revenue performance during the quarter.</p>\n\n<p>For the three months ended September 29, 2024, Hawkins reported earnings of $1.16 per share, falling short of the consensus estimate of $1.18 per share. The company's revenue also missed expectations, coming in at $247 million compared to analysts' projections of $259.6 million.</p>\n\n<p>Despite the missed estimates, Hawkins saw growth in its Water Treatment segment, with sales increasing 23% year-over-year to $124.5 million. However, this was offset by declines in the Industrial and Health and Nutrition segments, where sales fell by 9% and 12%, respectively, due to lower selling prices and reduced demand for certain products.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HWKN","symbol_name":"霍金斯材料","start_time":0,"source_url":"","article_id":"1190171913","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1190171913","pubTimestamp":1730338137,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Hawkins, Inc. , a leading specialty chemical and ingredients company, plummeted 5.03% on October 30, 2024, following the release of the company's fiscal second-quarter results for 2025. 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