Hain Celestial Group Inc reports results for the quarter ended September 30 - Earnings Summary

Hain Celestial

08/11/2024 21:04

* Hain Celestial Group Inc  HAIN.OQ  reported a quarterly
adjusted
loss of 4 cents​​ per share for the quarter ended September 30,
identical to the same quarter last year.  The mean expectation
of fifteen analysts for the quarter was for a loss of 2 cents
per share. Wall Street expected results to range from -6 cents
to 2 cents per share.
    * Revenue fell 7.2% to $394.60 million from a year ago;
analysts
expected $394.52 million. 
    * Hain Celestial Group Inc's reported EPS for the quarter
was a
loss of 22 cents​.
    * The company reported a quarterly loss of $19.66 million.
    * Hain Celestial Group Inc shares had fallen by 13.5% this
quarter and lost 31.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 233.3% in the last three months.​ 
    * In the last 30 days, two 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," 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 $9.00 
This summary was machine generated from LSEG data November 8 at
09:04 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
 Sep. 30 2024      -0.02          -0.04          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