Hain Celestial (HAIN) Lowers FY24 View Despite Q3 Earnings Beat
HAINHain Celestial(HAIN) Zacks Investment Research·2024-05-09 01:26

The Hain Celestial Group, Inc. (HAIN) posted mixed results in third-quarter fiscal 2024 results, with the bottom line beating the Zacks Consensus Estimate and the top line missing the same. Management lowered its fiscal 2024 guidance.The Zacks Rank #4 (Sell) company’s shares have declined 31% in the past three months against the industry’s 2.2% growth.Quarter in DetailHAIN posted adjusted earnings of 13 cents per share, outpacing the Zacks Consensus Estimate of 7 cents. The bottom line increased from adjust ...