Honest Company Inc reports results for the quarter ended September 30 - Earnings Summary

• Honest Company Inc HNST.OQ reported quarterly adjusted earnings of 1 cent​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported breakeven earnings per share. The mean expectation of six analysts for the quarter was for a loss of 4 cents per share. Wall Street expected results to range from -15 cents to 2 cents per share.

• Revenue fell 11.3% to $88.04 million from a year ago; analysts expected $88.61 million.

• Honest Company Inc's reported EPS for the quarter was a loss of 21 cents​.

• The company reported a quarterly loss of $23.57 million.

• Honest Company Inc shares had fallen by 12.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 64.4% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the miscellaneous specialty retailers peer group is "buy."

• Wall Street's median 12-month price target for Honest Company Inc is $3.60, about 37.2% above its last closing price of $2.26

This summary was machine generated from LSEG data February 25 at 10:45 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)