Honest: Q4 Earnings Snapshot

Associated Press Finance
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LOS ANGELES (AP) — LOS ANGELES (AP) — Honest Co. (HNST) on Wednesday reported fourth-quarter earnings of $1.1 million.

On a per-share basis, the Los Angeles-based company said it had net income of 1 cent.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.

The consumer products company posted revenue of $90.3 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $83.5 million.

For the year, the company reported a loss of $39.2 million, or 42 cents per share. Revenue was reported as $344.4 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 HNST at https://www.zacks.com/ap/HNST

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