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

Honest

09/08/2023 09:45

* Honest Company Inc  HNST.OQ  reported a quarterly adjusted
loss
of 14 cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for a loss
of 13 cents per share.
    * Revenue rose 7.7% to $84.54 million from a year ago;
analysts
expected $79.68 million. 
    * Honest Company Inc's reported EPS for the quarter was a
loss
of 14 cents​.
    * The mean earnings estimate of analysts had fallen by
about 10%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Honest Company Inc shares had fallen by 16.1% this
quarter and
lost 53.2% so far this year.
    * The company reported a quarterly loss of $32.28 million.
    * Wall Street's median 12-month price target for Honest
Company
Inc is $2.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 08:45 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.13          -0.14          Missed
 Mar. 31 2023      -0.13          -0.20          Missed
 Dec. 31 2022      -0.05          -0.14          Missed
 Sep. 30 2022      -0.08          -0.13          Missed