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

Honest

09/05/2023 14:33

* Honest Company Inc  HNST.OQ  reported a quarterly adjusted
loss
of 20 cents​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for a loss of 13
cents per share.
    * Revenue rose 21.3% to $83.39 million from a year ago;
analysts
expected $71.52 million. 
    * Honest Company Inc's reported EPS for the quarter was a
loss
of 20 cents​.
    * The mean earnings estimate of analysts had fallen by
about 35.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Honest Company Inc shares had fallen by 11.1% this
quarter and
lost 46.8% so far this year.
    * The company reported a quarterly loss of $18.87 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," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
9 at 01:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      -0.08          -0.11          Missed