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HYFM — Hydrofarm Holdings News Story

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Hydrofarm Holdings Group Inc reports results for the quarter ended December 31 - Earnings Summary

Hydrofarm Holdings Group Inc HYFM.OQ reported a quarterly adjusted loss of $2.09​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $-1.00.  The mean expectation of two analysts for the quarter was for a loss of $2.03 per share.

Revenue fell 20.9% to $37.31 million from a year ago; analysts expected $41.07 million.

Hydrofarm Holdings Group Inc's reported EPS for the quarter was a loss of $3.80​.

The company reported a quarterly loss of $17.51 million.

Hydrofarm Holdings Group Inc shares had fallen by 20.9% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1.5% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

The average consensus recommendation for the heavy machinery & vehicles peer group is also "hold"

Wall Street's median 12-month price target for Hydrofarm Holdings Group Inc is $7.00

This summary was machine generated from LSEG data March 5 at 06:59 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 2024-2.03-2.09Missed
Sep. 30 2024-1.80-0.90Beat
Jun. 30 2024-2.00-0.50Beat
Mar. 31 2024-1.90-0.80Beat

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