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Stock impact report

Why Hain Celestial (HAIN) Stock Is Trading Up Today [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
company reported mixed third-quarter financial results, where a revenue beat and a positive outlook seemed to outweigh a wider-than-expected loss. The natural food company posted an adjusted loss of eight cents per share, which missed analyst expectations for a five-cent loss. However, quarterly sales of $367.9 million came in ahead of the $360.5 million Wall Street had anticipated, even though sales declined by 6.8% compared to the previous year. Despite the earnings miss, management provided an encouraging outlook. The company noted it was seeing benefits from cost discipline and pricing actions. Furthermore, Hain Celestial expected stronger revenue and profit in the second half of its fiscal year and anticipated generating positive free cash flow for the full year, which appeared to boost investor confidence. The shares closed the day at $1.22, up 14.6% from previous close. Is now the time to buy Hain Celestial? Access our full analysis report here What Is The Market Tellin Show less Read more
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