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

Hain Celestial

27/08/2024 14:31

* Hain Celestial Group Inc  HAIN.OQ  reported quarterly
adjusted
earnings of 13 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of 11 cents.  The mean expectation of
fourteen analysts for the quarter was for earnings of 8 cents
per share. Wall Street expected results to range from 4 cents
to 14 cents per share.
    * Revenue fell 6.5% to $418.80 million from a year ago;
analysts
expected $421.21 million. 
    * Hain Celestial Group Inc's reported EPS for the quarter
was a
loss of 3 cents​.
    * The company reported a quarterly loss of $2.94 million.
    * Hain Celestial Group Inc shares had fallen by 1.2% this
quarter and lost 37.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

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 $8.50 
This summary was machine generated from LSEG data August 27 at
01:30 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
 Jun. 30 2024      0.08           0.13           Beat
 Mar. 31 2024      0.07           0.13           Beat
 Dec. 31 2023      0.12           0.12           Met
 Sep. 30 2023      -0.06          -0.04          Beat