Hain Celestial Group
The 10-second takeaway
For the quarter ended Sep. 30 (Q1), Hain Celestial Group missed estimates on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased significantly and GAAP earnings per share grew significantly.
Gross margins dropped, operating margins increased, net margins grew.
Hain Celestial Group booked revenue of $359.8 million. The 12 analysts polled by S&P Capital IQ expected net sales of $369.6 million on the same basis. GAAP reported sales were 23% higher than the prior-year quarter's $292.4 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.40. The 16 earnings estimates compiled by S&P Capital IQ predicted $0.39 per share. GAAP EPS of $0.35 for Q1 were 35% higher than the prior-year quarter's $0.26 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 26.5%, 80 basis points worse than the prior-year quarter. Operating margin was 9.1%, 70 basis points better than the prior-year quarter. Net margin was 4.6%, 60 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $473.4 million. On the bottom line, the average EPS estimate is $0.69.
Next year's average estimate for revenue is $1.78 billion. The average EPS estimate is $2.39.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 496 members out of 513 rating the stock outperform, and 17 members rating it underperform. Among 139 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 137 give Hain Celestial Group a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Hain Celestial Group is outperform, with an average price target of $74.38.
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