Honest Company Inc reports results for the quarter ended June 30 - Earnings Summary

• Honest Company Inc HNST.OQ reported quarterly adjusted earnings of 3 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -4 cents. The mean expectation of seven analysts for the quarter was for breakeven results per share. Wall Street expected results to range from -1 cents to 2 cents per share.

• Revenue rose 0.4% to $93.46 million from a year ago; analysts expected $92.21 million.

• Honest Company Inc's reported EPS for the quarter was 3 cents​.

• The company reported quarterly net income of $3.87 million.

• Honest Company Inc shares had fallen by 9.6% this quarter and lost 33.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 100% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the miscellaneous specialty retailers peer group is also "buy"

• Wall Street's median 12-month price target for Honest Company Inc is $7.25, about 36.6% above its last closing price of $4.60

This summary was machine generated from LSEG data August 6 at 10:15 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)