Honest Company Inc expected to post a loss of 13 cents a share - Earnings Preview

Honest

05/08/2023 03:11

* Honest Company Inc  HNST.OQ   HNST.O  is expected to show
a rise
in quarterly revenue when it reports  results on August 8. 
    * The Los Angeles California-based  company is expected to
report 
a 1.5% increase in revenue to $79.675 million from $78.49
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Honest Company Inc
is for
a loss of 13 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 2.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Honest
Company
Inc is $2​, above​ its last closing price of $1.41. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.13       -0.13      -0.20     Missed  -57.9
 Dec. 31 2023              -0.05      -0.14     Missed  -204.3
 Sep. 30 2022  -0.07       -0.08      -0.13     Missed  -59.6​
 Jun. 30 2022  -0.10       -0.08      -0.11     Missed  -35.1
 ​​Mar.        -0.15       -0.15      -0.16     Missed  -6.7
 31 2022                                                
 Dec. 31 2021  -0.07       -0.06      -0.10     Missed  -63.1​
 Sep. 30 2021  -0.06       -0.06      -0.06     Met     -6.1
 Jun. 30 2021  -0.17       -0.14      -0.17     Missed  -19.6
 This summary was machine generated August 5 at 02:11 GMT.  All
figures in US dollars  unless otherwise stated