Hain Celestial Group
The 10-second takeaway
For the quarter ended Dec. 31 (Q2), Hain Celestial Group missed estimates on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share increased significantly.
Gross margins were steady, operating margins grew, net margins grew.
Hain Celestial Group reported revenue of $455.3 million. The 12 analysts polled by S&P Capital IQ predicted sales of $472.3 million on the same basis. GAAP reported sales were 25% higher than the prior-year quarter's $364.8 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 $0.72. The 15 earnings estimates compiled by S&P Capital IQ averaged $0.69 per share. GAAP EPS of $0.67 for Q2 were 52% higher than the prior-year quarter's $0.44 per share. (The prior-year quarter included -$0.02 per share in earnings from discontinued operations.)
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 28.7%, about the same as the prior-year quarter. Operating margin was 12.1%, 80 basis points better than the prior-year quarter. Net margin was 6.9%, 140 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $479.8 million. On the bottom line, the average EPS estimate is $0.72.
Next year's average estimate for revenue is $1.74 billion. The average EPS estimate is $2.45.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 591 members out of 607 rating the stock outperform, and 16 members rating it underperform. Among 171 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 168 give Hain Celestial Group a green thumbs-up, and three 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 $70.14.
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