Hain Celestial (HAIN) Reports In-Line Q3 EPS; Guides In-Line
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Revenue Growth %: +2.6%
Financial Fact:
Operating income (loss): 69.01M
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Hain Celestial (NASDAQ: HAIN) reported Q3 EPS of $0.45, in-line with the analyst estimate of $0.45. Revenue for the quarter came in at $662.7 million versus the consensus estimate of $655.17 million.
Hain Celestial sees FY2015 EPS of $1.86-$1.90, versus the consensus of $1.88. Hain Celestial sees FY2015 revenue of $2.692-2.7 billion, versus prior guidance of $2.67 billion.
"I am pleased with our third quarter results. We had record third quarter net sales, as the strength of our core brands and contributions from acquisitions helped us to overcome foreign currency impacts to deliver our 18th consecutive year-over-year double digit net sales growth," said Irwin D. Simon, Founder, President and Chief Executive Officer of Hain Celestial. "Our team managed our expenses and focused on productivity improvements to deliver profitable worldwide expansion in the quarter, while we also experienced greater contribution from our Hain Pure Protein Corporation business as consumers today increasingly seek fresh, antibiotic-free and organic proteins to complement their healthy lifestyles."
For earnings history and earnings-related data on Hain Celestial (HAIN) click here.
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