Hain Celestial (HAIN) Reports Q1 Loss, Tops Revenue Estimates
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Hain Celestial (HAIN) reported a Q1 loss of $0.04 per share, which was larger than the Zacks Consensus Estimate of a $0.02 loss. However, the company exceeded revenue expectations.
November 07, 2024 | 2:45 pm
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Hain Celestial reported a Q1 loss of $0.04 per share, missing the Zacks Consensus Estimate of a $0.02 loss. Despite this, the company exceeded revenue expectations.
The earnings per share (EPS) loss was larger than expected, which is typically negative for stock prices. However, exceeding revenue expectations can offset this negativity. The mixed results make the short-term impact on stock price uncertain.
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IMPORTANCE 80
RELEVANCE 100