Honest Co Q2 EPS $(0.14) Misses $(0.13) Estimate, Sales $84.54M Beat $79.67M Estimate
Portfolio Pulse from bharat@benzinga.com
Honest Co (NASDAQ:HNST) reported Q2 losses of $(0.14) per share, missing the analyst consensus estimate of $(0.13) by 7.69 percent. This is a 27.27 percent decrease over losses from the same period last year. However, the company reported quarterly sales of $84.54 million, beating the analyst consensus estimate of $79.67 million by 6.12 percent, a 7.71 percent increase over sales from the same period last year.
August 08, 2023 | 8:51 pm
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Honest Co's Q2 earnings per share missed estimates, but sales beat expectations. This mixed result could lead to uncertainty in the market.
Honest Co's Q2 earnings per share missed estimates, which could negatively impact the stock. However, the company's sales beat expectations, which could have a positive effect. The mixed results could lead to uncertainty in the market, making it difficult to predict the short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100