Honest Company Inc expected to post a loss of 12 cents a share - Earnings Preview

Honest

05/05/2023 17:52

* Honest Company Inc  HNST.OQ   HNST.O  is expected to show
a rise
in quarterly revenue when it reports  results on May 9. 
    * The Los Angeles California-based  company is expected to
report 
a 4.1% increase in revenue to $71.52 million from $68.72 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Honest Company Inc
is for
a loss of 12 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Honest
Company
Inc is $2​, above​ its last closing price of $1.49. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022              -0.05      -0.14     Missed  -204.3
 Sep. 30 2022  -0.07       -0.08      -0.13     Missed  -59.6
 Jun. 30 2022  -0.10       -0.08      -0.11     Missed  -35.1​
 Mar. 31 2022  -0.15       -0.15      -0.16     Missed  -6.7
 ​​Dec.        -0.07       -0.06      -0.10     Missed  -63.1
 31 2021                                                
 Sep. 30 2021  -0.06       -0.06      -0.06     Met     -6.1​
 Jun. 30 2021  -0.17       -0.14      -0.17     Missed  -19.6
 Mar. 31 2021  -0.06       -0.06      -0.13     Missed  -132.1
 This summary was machine generated May 5 at 16:52 GMT.  All
figures in US dollars  unless otherwise stated