Hydrofarm Holdings Group (NASDAQ:HYFM) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Hydrofarm Holdings Group missed estimated earnings by 193.33%, reporting an EPS of $-0.44 versus an estimate of $-0.15.
Revenue was down $19.99 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.1 which was followed by a 8.7% drop in the share price the next day.
Here’s a look at Hydrofarm Holdings Group’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.18 | -0.29 | -0.45 | -0.32 |
| EPS Actual | -0.28 | -0.37 | -0.45 | -0.33 |
| Revenue Estimate | 64.72M | 63.40M | 48.37M | 67.21M |
| Revenue Actual | 63.05M | 62.18M | 61.46M | 74.16M |
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.
