Hain Celestial Reiterates FY20 Outlook - Quick Facts

(RTTNews) - While reporting financial results for the first quarter on Thursday, Hain Celestial Group, Inc. (HAIN) reiterated its full year 2020 guidance for adjusted earnings, excluding the contribution from its sale of Tilda.

For fiscal 2020, the company continues to project adjusted earnings in the range of $0.59 to $0.72 per share and $0.62 to $0.75 per share on constant currency basis.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $0.68 per share for the year. Analysts' estimates typically exclude special items.

"Our transformational strategic plan to simplify the portfolio and strengthen capabilities, while expanding margins and cash flow is on track and we are confident in our ability to reinvigorate top-line growth over time," commented Mark Schiller, Hain Celestial's President and CEO.