Hain Celestial(HAIN) ZACKS·2024-11-07 14:30Core Viewpoint - Hain Celestial reported a quarterly loss of 0.02, indicating a significant earnings surprise of -100% [1] - The company’s revenues for the quarter ended September 2024 were 425.03 million year-over-year [2] Financial Performance - Over the last four quarters, Hain Celestial has exceeded consensus EPS estimates three times, but the recent report shows a loss consistent with the previous year [1][2] - The current consensus EPS estimate for the upcoming quarter is 440.09 million, and for the current fiscal year, it is 1.7 billion [7] Market Position - Hain Celestial shares have declined approximately 18.7% since the beginning of the year, contrasting with the S&P 500's gain of 24.3% [3] - The Zacks Industry Rank places the Food - Miscellaneous sector in the bottom 43% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] Future Outlook - The sustainability of Hain Celestial's stock price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] - The estimate revisions trend for Hain Celestial is currently mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6]