Hain Celestial Group Q4 Adj. EPS $0.11 Beats $0.10 Estimate, Sales $447.84M Beat $442.40M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hain Celestial Group (NASDAQ:HAIN) reported Q4 earnings of $0.11 per share, beating the analyst consensus estimate of $0.10 by 10%. This is a 37.5% increase from the same period last year. The company also reported quarterly sales of $447.84 million, beating the analyst consensus estimate of $442.40 million by 1.23%. However, this is a 2.01% decrease from the same period last year.
August 24, 2023 | 11:00 am
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POSITIVE IMPACT
Hain Celestial Group's Q4 earnings and sales beat estimates, which could positively impact the stock price. However, the YoY decrease in sales could temper this impact.
Hain Celestial Group's Q4 earnings beat estimates, which is typically a positive signal for the stock price. However, the YoY decrease in sales could be a concern for investors, potentially tempering the positive impact of the earnings beat.
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