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Hain Celestial (HAIN) Reports Earnings Tomorrow: What To Expect

HAIN Cover Image

Natural food company Hain Celestial (NASDAQ: HAIN) will be announcing earnings results this Monday before market open. Here’s what you need to know.

Hain Celestial missed analysts’ revenue expectations by 4.7% last quarter, reporting revenues of $390.4 million, down 11% year on year. It was a disappointing quarter for the company, with full-year EBITDA guidance missing analysts’ expectations.

Is Hain Celestial a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Hain Celestial’s revenue to decline 11.2% year on year to $371.9 million, a further deceleration from the 6.5% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.03 per share.

Hain Celestial Total Revenue

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings.

Looking at Hain Celestial’s peers in the shelf-stable food segment, some have already reported their Q2 results, giving us a hint as to what we can expect. J&J Snack Foods delivered year-on-year revenue growth of 3.3%, beating analysts’ expectations by 2%, and TreeHouse Foods reported revenues up 1.6%, topping estimates by 1.7%. J&J Snack Foods traded down 3.4% following the results while TreeHouse Foods was also down 5.3%.

Read our full analysis of J&J Snack Foods’s results here and TreeHouse Foods’s results here.

Investors in the shelf-stable food segment have had steady hands going into earnings, with share prices flat over the last month. Hain Celestial is up 18.4% during the same time and is heading into earnings with an average analyst price target of $2.87 (compared to the current share price of $2.19).

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