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0.00369003690036909 0 0.00369003690036909 0.00369003690036909 0.00738007380073801 0.00369003690036909 0 0.0109963099630997
Stock impact report

Hain Celestial (HAIN) Stock Trades Down, Here Is Why [Yahoo! Finance]

The Hain Celestial Group, Inc. (HAIN) 
Last the hain celestial group, inc. earnings: 2/6 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.hain.com
Company Research Source: Yahoo! Finance
negative momentum continued as the company reported third-quarter results that showed a significant earnings miss and a drop in year-over-year sales. While revenue of $367.9 million slightly beat analyst estimates, it marked a 6.8% decline from the same quarter in the previous year. The main concern for investors was the adjusted earnings per share, which registered a loss of $0.08, missing expectations of a $0.05 loss. Furthermore, the company's organic revenue fell by 6% year-on-year, which was a larger drop than the 5.4% decline analysts had anticipated. The combination of falling sales and a wider-than-expected loss appeared to drive the negative market reaction. The stock market overreacts to news, and big price drops can present good opportunties to buy high-quality stocks. Is now the time to buy Hain Celestial? Access our full analysis report here What Is The Market Telling Us Hain Celestial's shares are extremely volatile and have had 59 moves greater than 5% over the Show less Read more
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