Honest Company Inc reports results for the quarter ended in December - Earnings Summary

Honest

06/03/2024 22:45

* Honest Company Inc  HNST.OQ  reported quarterly adjusted
earnings of 1 cent​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of -14 cents.  The mean expectation of
five analysts for the quarter was for a loss of 8 cents per
share. Wall Street expected results to range from -10 cents
to -7 cents per share.
    * Revenue rose 10.3% to $90.26 million from a year ago;
analysts
expected $84.14 million. 
    * Honest Company Inc's reported EPS for the quarter was 1
cent​.
    * The company reported quarterly net income of $1.14
million.
    * Honest Company Inc shares had fallen by 9.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.5%
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 "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Honest
Company
Inc is $1.93 

This summary was machine generated from LSEG data March 6 at
10:44 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      -0.08          0.01           Beat
 Sep. 30 2023      -0.12          -0.09          Beat
 Jun. 30 2023      -0.13          -0.14          Missed
 Mar. 31 2023      -0.13          -0.20          Missed