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

Hydrofarm Holdings

10/08/2022 04:55

* Hydrofarm Holdings Group Inc  HYFM.OQ  reported a
quarterly
adjusted loss of 19 cents​​ per share for the quarter ended in
June. The mean expectation of six analysts for the quarter was
for a loss of 25 cents per share.
    * Revenue fell 27.1% to $97.51 million from a year ago;
analysts
expected $111.32 million. 
    * Hydrofarm Holdings Group Inc's reported EPS for the
quarter was
a loss of $4.53​.
    * The mean earnings estimate of analysts had fallen by
about 17,149.7% in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Hydrofarm Holdings Group Inc shares had fallen by 15.2%
this
quarter and lost 89.6% so far this year.
    * The company reported a quarterly loss of $203.31 million.
    * Wall Street's median 12-month price target for Hydrofarm
Holdings Group Inc is $6.00 
    * 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 Refinitiv data August 10
at 03:55 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.25          -0.19          Beat
 Mar. 31 2022      -0.06          -0.17          Missed
 Dec. 31 2021      0.02           -0.05          Missed
 Sep. 30 2021      0.25           0.17           Missed