09.05.2019 13:53:59

Hain Celestial Reiterates FY19 Outlook - Quick Facts

(RTTNews) - While reporting financial results for the third quarter, Hain Celestial Group, Inc. (HAIN) on Thursday reiterated its full year 2019 guidance for adjusted earnings and total net sales.

For fiscal 2019, the company continues to project adjusted earnings in the range of $0.60 to $0.70 per share and total net sales between $2.32 billion and $2.35 billion.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $0.65 per share on revenues of $2.33 billion for the year. Analysts' estimates typically exclude special items.

"We are encouraged by our third quarter financial results that demonstrate sequential performance improvements in many key areas of our business, and we are on track to achieve our fiscal year 2019 outlook," commented Mark Schiller, Hain Celestial's President and CEO.

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HAIN CELESTIAL GROUP INC. 8,11 -0,17% HAIN CELESTIAL GROUP INC.