Hain Celestial Group
The 10-second takeaway
For the quarter ended March 31 (Q3), Hain Celestial Group missed estimates on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly. Non-GAAP earnings per share grew significantly. GAAP earnings per share increased significantly.
Margins grew across the board.
Hain Celestial Group logged revenue of $456.1 million. The eight analysts polled by S&P Capital IQ expected to see revenue of $480.3 million on the same basis. GAAP reported sales were 20% higher than the prior-year quarter's $379.4 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 $0.72. The 14 earnings estimates compiled by S&P Capital IQ averaged $0.72 per share. Non-GAAP EPS of $0.72 for Q3 were 33% higher than the prior-year quarter's $0.54 per share. GAAP EPS of $0.85 for Q3 were 63% higher than the prior-year quarter's $0.52 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 27.7%, 20 basis points better than the prior-year quarter. Operating margin was 11.6%, 80 basis points better than the prior-year quarter. Net margin was 8.9%, 250 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $446.3 million. On the bottom line, the average EPS estimate is $0.62.
Next year's average estimate for revenue is $1.74 billion. The average EPS estimate is $2.46.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 629 members out of 645 rating the stock outperform, and 16 members rating it underperform. Among 182 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 178 give Hain Celestial Group a green thumbs-up, and four 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 $68.14.
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