Hain Celestial: Fiscal Q1 Earnings Snapshot
BOULDER, Colo. (AP) — BOULDER, Colo. (AP) — The Hain Celestial Group Inc. (HAIN) on Tuesday reported a loss of $10.4 million in its fiscal first quarter.
On a per-share basis, the Boulder, Colorado-based company said it had a loss of 12 cents. Losses, adjusted for non-recurring costs, came to 4 cents per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share.
The organic and natural products company posted revenue of $425 million in the period, which did not meet Street forecasts. Seven analysts surveyed by Zacks expected $432.9 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HAIN at https://www.zacks.com/ap/HAIN
