Hawkins Inc reports results for the quarter ended in June - Earnings Summary

Hawkins

31/07/2024 22:01

* Hawkins Inc  HWKN.OQ  reported quarterly adjusted earnings
of
$1.39​​ per share for the quarter ended in June, higher than the
same quarter last year, when the company reported EPS of $1.12. 
The mean expectation of two analysts for the quarter was
for earnings of $1.01 per share. Wall Street expected results to
range from 96 cents to $1.06 per share.
    * Revenue rose 1.9% to $255.88 million from a year ago;
analysts
expected $254.30 million. 
    * Hawkins Inc's reported EPS for the quarter was $1.38​.
    * The company reported quarterly net income of $28.88
million.
    * Hawkins Inc shares had risen by 13.4% this quarter and
gained 46.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.1%
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 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the diversified
chemicals peer group is also "buy"

Wall Street's median 12-month price target for Hawkins Inc is
$96.50 
This summary was machine generated from LSEG data July 31 at
09:01 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      1.01           1.39           Beat
 Mar. 31 2024      0.68           0.66           Missed
 Dec. 31 2023      0.61           0.71           Beat
 Sep. 30 2023      1.00           1.10           Beat