Hydrofarm Holdings Group (NASDAQ:HYFM) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Hydrofarm Holdings Group missed estimated earnings by 27.59%, reporting an EPS of $-0.37 versus an estimate of $-0.29.
Revenue was down $49.20 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 12.9% increase in the share price the next day.
Here’s a look at Hydrofarm Holdings Group’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.45 | -0.32 | 0.06 | -0.05 |
| EPS Actual | -0.45 | -0.33 | -0.19 | -0.17 |
| Revenue Estimate | 48.37M | 67.21M | 116.56M | 129.14M |
| Revenue Actual | 61.46M | 74.16M | 97.51M | 111.38M |
To track all earnings releases for Hydrofarm Holdings Group visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
