Hain Celestial Group Misses on Revenues but Beats on EPS

Updated

Hain Celestial Group (NAS: HAIN) reported earnings on Aug. 22. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q4), Hain Celestial Group missed estimates on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue improved significantly and GAAP earnings per share improved significantly.


Gross margins shrank, operating margins improved, net margins improved.

Revenue details
Hain Celestial Group tallied revenue of $350.8 million. The 13 analysts polled by S&P Capital IQ expected sales of $364.3 million on the same basis. GAAP reported sales were 20% higher than the prior-year quarter's $292.0 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.47. The 15 earnings estimates compiled by S&P Capital IQ anticipated $0.45 per share. GAAP EPS of $0.51 for Q4 were 82% higher than the prior-year quarter's $0.28 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 26.6%, 130 basis points worse than the prior-year quarter. Operating margin was 10.3%, 80 basis points better than the prior-year quarter. Net margin was 6.7%, 230 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $368.1 million. On the bottom line, the average EPS estimate is $0.40.

Next year's average estimate for revenue is $1.62 billion. The average EPS estimate is $2.10.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 445 members out of 463 rating the stock outperform, and 18 members rating it underperform. Among 132 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 130 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 $55.00.

The article Hain Celestial Group Misses on Revenues but Beats on EPS originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool owns shares of The Hain Celestial Group. Motley Fool newsletter services recommend The Hain Celestial Group. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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