Hain Celestial Group Inc reports results for the quarter ended in December - Earnings Summary

Hain Celestial

07/02/2024 14:37

* Hain Celestial Group Inc  HAIN.OQ  reported quarterly
adjusted
earnings of 12 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of 20 cents.  The mean expectation of
thirteen analysts for the quarter was for earnings of 12 cents
per share. Wall Street expected results to range from 5 cents
to 17 cents per share.
    * Revenue fell 0% to $454.10 million from a year ago;
analysts
expected $462.06 million. 
    * Hain Celestial Group Inc's reported EPS for the quarter
was a
loss of 15 cents​.
    * The company reported a quarterly loss of $13.54 million.
    * Hain Celestial Group Inc shares had risen by 3.6% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 9.3%
in the last three months.​ 
    * In the last 30 days, four 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," 9
"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 $12.00 
This summary was machine generated from LSEG data February 7 at
02:36 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 2023      0.12           0.12           Met
 Sep. 30 2023      -0.06          -0.04          Beat
 Jun. 30 2023      0.10           0.11           Beat
 Mar. 31 2023      0.16           0.08           Missed