The Honest Company Inc. (HNST) Reports Q2 Loss of $0.23/sh
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall St tumbles on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Morgan Stanley Downgrades Jessica Alba’s Honest Company (HNST) on Disappointing Q2 Results That Sent Shares 28% Lower Friday, Seen as a Buying Opportunity at Guggenheim
August 16, 2021 6:50 AM EDTShares of Honest Company (NASDAQ: HNST) fell 28.3% Friday after Jessica Albas company reported weaker-than-expected Q2 results. The company also highlighted lower H2 guidance expectations on the call.
Honest posted an adjusted loss per share of $0.23 to miss on the analyst consensus of $0.19 per share. Revenue surged to $74.6 million, missing again on the consensus of $78.8 million, as household and wellness revenue fell 6% amid a fading threat from COVID-19.
Following weaker-than-expected Q2 results, Morgan Stanley analyst Dara Mohsenian downgraded shares from Overweight to... More
