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

Hydrofarm Holdings

09/03/2023 22:43

* Hydrofarm Holdings Group Inc  HYFM.OQ  reported a
quarterly
adjusted loss of 45 cents​​ per share for the quarter ended in
December. The mean expectation of six analysts for the quarter
was for a loss of 45 cents per share.
    * Revenue fell 44.3% to $61.46 million from a year ago;
analysts
expected $48.37 million. 
    * Hydrofarm Holdings Group Inc's reported EPS for the
quarter was
a loss of 78 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Hydrofarm Holdings Group Inc shares had fallen by 2.6%
this
quarter.
    * The company reported a quarterly loss of $35.27 million.
    * Wall Street's median 12-month price target for Hydrofarm
Holdings Group Inc is $2.58 
    * 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
March 9 at 10:43 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.45          -0.45          Met
 Sep. 30 2022      -0.32          -0.33          Missed
 Jun. 30 2022      -0.25          -0.19          Beat
 Mar. 31 2022      -0.06          -0.17          Missed