Honest Company Inc expected to post a loss of 7 cents a share - Earnings Preview

Honest

07/05/2024 02:14

* Honest Company Inc  HNST.OQ   HNST.O  is expected to show
a fall
in quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Los Angeles California-based  company is expected to
report
a 0.1% decrease in revenue to $83.283 million from $83.39
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Honest Company Inc is
for a
loss of 7 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Honest
Company
Inc is $4.00​, above​ its last closing price of $2.91. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.08       -0.08      0.01      Beat    112.8
 Sep. 30 2023  -0.13       -0.12      -0.09     Beat    28
 Jun. 30 2023  -0.14       -0.13      -0.14     Missed  -6.1​
 Mar. 31 2023  -0.13       -0.13      -0.20     Missed  -57.9
 ​​Dec.                    -0.05      -0.14     Missed  -204.3
 31 2022                                                
 Jan. 1 0001   -0.07       -0.08      -0.13     Missed  -59.6​
 Jun. 30 2022  -0.10       -0.08      -0.11     Missed  -35.1
 Mar. 31 2022  -0.15       -0.15      -0.16     Missed  -6.7
 This summary was machine generated May 7 at 01:14 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)