Hf Foods Group Inc reports results for the quarter ended June 30 - Earnings Summary

• Hf Foods Group Inc HFFG.OQ reported quarterly adjusted earnings of 12 cents​​ per share for the quarter ended June 30. The mean expectation of two analysts for the quarter was for earnings of 5 cents per share. Wall Street expected results to range from -1 cents to 11 cents per share.

• Revenue was $314.85 million​; analysts expected $310.54 million.

• Hf Foods Group Inc's reported EPS for the quarter was 2 cents​.

• The company reported quarterly net income of $1.22 million.

• Hf Foods Group Inc shares had fallen by 7.2% this quarter and lost 8.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 16.7% 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 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the food retail & distribution peer group is also "buy"

• Wall Street's median 12-month price target for Hf Foods Group Inc is $7.00, about 57.9% above its last closing price of $2.95

This summary was machine generated from LSEG data August 11 at 09:01 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)