The Hain Celestial Group, Inc. Announces 31% Retreat In Q3 Earnings

(RTTNews) - The Hain Celestial Group, Inc. (HAIN) reported a profit for third quarter that retreated compared to the same period last year.

The company said its profit fell to $34.85 million, or $0.33 per share. This was lower than $50.65 million, or $0.49 per share, in last year's third quarter.

The company said revenue for the quarter fell 4.1% to $706.56 million. This was down from $736.66 million last year.

The Hain Celestial Group, Inc. earnings at a glance:

-Earnings (Q3): $34.85 Mln. vs. $50.65 Mln. last year. -Earnings Decline (Y-o-Y): -31.2% -EPS (Q3): $0.33 vs. $0.49 last year. -EPS Decline (Y-o-Y): -32.7% -Revenue (Q3): $706.56 Mln vs. $736.66 Mln last year. -Revenue Change (Y-o-Y): -4.1%

-Guidance: Next quarter EPS guidance: $0.40 - $0.43 Next quarter revenue guidance: $715 - $735 Mln Full year EPS guidance: $1.19 - $1.22 Full year revenue guidance: $2.84 - $2.86 Bln