Honest Co: Q3 Earnings Insights
Portfolio Pulse from Benzinga Insights
Honest Co (NASDAQ:HNST) reported its Q3 earnings results, beating estimated earnings by 25.0% with an EPS of $-0.09 versus an estimate of $-0.12. Revenue was up $1.59 million from the same period last year. Last quarter, the company missed on EPS by $0.01, which was followed by a 1.42% drop in the share price the next day.
November 08, 2023 | 9:40 pm
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POSITIVE IMPACT
Honest Co's Q3 earnings beat estimates by 25.0%, which could positively impact the stock. However, investors may also consider the company's past performance, where a miss on EPS led to a 1.42% drop in share price.
Positive earnings results typically lead to an increase in share price as they indicate a company's good financial health. However, investors may also consider past performance, where a miss on EPS led to a drop in share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100