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Hydrofarm Holdings Group, Inc. (HYFM) Misses Q2 EPS by 30c ; Provides Outlook

August 8, 2024 7:40 AM

Hydrofarm Holdings Group, Inc. (NASDAQ: HYFM) reported Q2 EPS of ($0.51), $0.30 worse than the analyst estimate of ($0.21). Revenue for the quarter came in at $54.8 million versus the consensus estimate of $53.91 million.

Outlook:-

Hydrofarm’s 2024 outlook also includes the following updated assumption:

Capital expenditures of $3.5 million to $4.5 million, compared to the prior expectation of $4.0 million to $5.0 million.

For earnings history and earnings-related data on Hydrofarm Holdings Group, Inc. (HYFM) click here.

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Earnings