Hain Celestial Group Q3 2024 Adj EPS $0.13 Beats $0.07 Estimate, Sales $438.40M Miss $463.39M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hain Celestial Group (HAIN) reported Q3 2024 adjusted EPS of $0.13, surpassing the $0.07 estimate, but its sales of $438.40M fell short of the $463.39M estimate, marking a 3.70% decrease from the previous year.
May 08, 2024 | 11:06 am
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Hain Celestial Group reported higher-than-expected Q3 2024 adjusted EPS but missed sales estimates, with a year-over-year decrease.
The mixed results with an EPS beat but a miss on sales forecasts could lead to neutral market reaction. Investors might appreciate the earnings beat, indicating operational efficiency, but be concerned about the sales miss and year-over-year decline, suggesting potential market challenges or decreased demand for Hain Celestial's products.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100