Hydrofarm Holdings Group, Inc. (HYFM) Reports Q3 Loss, Lags Revenue Estimates
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Hydrofarm Holdings Group, Inc. (HYFM) reported a Q3 loss of $0.26 per share, missing the Zacks Consensus Estimate of a $0.23 loss. This is a slight increase in loss compared to $0.25 per share a year ago.
November 07, 2024 | 2:45 pm
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Hydrofarm Holdings Group, Inc. reported a Q3 loss of $0.26 per share, which was worse than the expected loss of $0.23 per share. This indicates a slight increase in losses compared to the previous year.
The reported loss per share of $0.26 was worse than the expected $0.23, indicating underperformance. This could negatively impact investor sentiment and the stock price in the short term.
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