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

Hydrofarm Holdings

09/11/2022 23:36

* Hydrofarm Holdings Group Inc  HYFM.OQ  reported a
quarterly
adjusted loss of 33 cents​​ per share for the quarter ended in
September. The mean expectation of six analysts for the quarter
was for a loss of 32 cents per share.
    * Revenue fell 40.1% to $74.16 million from a year ago;
analysts
expected $67.21 million. 
    * Hydrofarm Holdings Group Inc's reported EPS for the
quarter was
a loss of 52 cents​.
    * The mean earnings estimate of analysts had fallen by
about 24.2%
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 20.1%
this
quarter and lost 91.8% so far this year.
    * The company reported a quarterly loss of $23.54 million.
    * Wall Street's median 12-month price target for Hydrofarm
Holdings Group Inc is $3.88 
    * 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 November
9 at 11:36 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.32          -0.33          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