Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Investors need to pay close attention to Hain Celestial (HAIN) stock based on the movements in the options market lately.
Hain Celestial (HAIN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Hain missed estimates on the top line but beat on the bottom line. The company expects a return to organic-sales growth in the new fiscal year.
HAIN's fourth-quarter fiscal 2024 results show increased earnings on the back of the effectiveness of the Hain Reimagined strategy despite a year-over-year decline in sales.
Hain Celestial (HAIN) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.11 per share a year ago.
Shares of Hain Celestial Group Inc. HAIN, +5.56% tacked on 1.5% in premarket trading Tuesday, after the better-for-you foods company beat fourth-quarter profit expectations although sales fell a bit short, as gross margin improved. The net loss for the quarter to June 30 narrowed to $2.9 million, or 3 cents a share, from $18.7 million, or 21 cents a share, in the same period a year ago.
Hain Celestial's (HAIN) fourth-quarter fiscal 2024 earnings are likely to reflect weakness in the North America segment. However, its focus on Reimagined strategy is an upside.
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