Hain Celestial Group Q1 Adj EPS $(0.04) Beats $(0.06) Estimate, Sales $425.03M Miss $431.32M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hain Celestial Group (NASDAQ:HAIN) reported Q1 adjusted losses of $(0.04) per share, beating the analyst consensus estimate of $(0.06) by 33.33%. However, the company's quarterly sales of $425.03M missed the analyst consensus estimate of $431.32M by 1.46%. This represents a 140% decrease in earnings and a 3.26% decrease in sales compared to the same period last year.
November 07, 2023 | 12:22 pm
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Hain Celestial Group's Q1 earnings beat estimates but sales missed, indicating mixed performance.
Hain Celestial Group's Q1 earnings beat analyst estimates, which could have a positive impact on the stock. However, the company's sales missed estimates and both earnings and sales decreased compared to the same period last year, which could have a negative impact. Therefore, the overall short-term impact on the stock is neutral.
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IMPORTANCE 80
RELEVANCE 100