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

Hydrofarm Holdings

09/08/2023 22:42

* Hydrofarm Holdings Group Inc  HYFM.OQ  reported a
quarterly
adjusted loss of 5 cents​​ per share for the quarter ended in
June. The mean expectation of four analysts for the quarter was
for a loss of 18 cents per share.
    * Revenue fell 35.3% to $63.05 million from a year ago;
analysts
expected $64.72 million. 
    * Hydrofarm Holdings Group Inc's reported EPS for the
quarter was
a loss of 28 cents​.
    * The mean earnings estimate of analysts had risen by
about 10.7%
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 risen by 58.6%
this
quarter and lost 20.0% so far this year.
    * The company reported a quarterly loss of $12.87 million.
    * Wall Street's median 12-month price target for Hydrofarm
Holdings Group Inc is $1.25 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 09:42 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.18          -0.05          Beat
 Mar. 31 2023      -0.29          -0.13          Beat
 Dec. 31 2022      -0.45          -0.45          Met
 Sep. 30 2022      -0.32          -0.33          Missed