The Hain Celestial Group Trades Lower on Q4 Earnings Results

Shares of The Hain Celestial Group HAIN are trading lower in the after-hours following the release of the company's Q4 earnings results. Currently, shares are lower by 1.20%, trading at $30.49; they ended the regular session higher by 8.85%, at $30.86. The Hain Celestial Group reported Q4 EPS of $0.35 on revenues of $292 million; the Street was looking for $0.33 per share on revenues of $270.6 million. Revenues increased 31.1% year over. The Company provided the following estimates for its fiscal year 2012: Total net sales growth range of 9.0% to 11.0% or $1.23 billion to $1.26 billion in sales. Earnings growth range of 11% to 19% or $1.50 to $1.60 per diluted share. "Our fourth quarter results complete a strong year across our business with solid top- and bottom-line performance by the Company," said Irwin D. Simon, President and Chief Executive Officer of Hain Celestial. "Indications are that despite ongoing challenges in the economy, consumers continue to seek out healthful products from our natural and organic brands." The Hain Celestial Group, Inc. manufactures, markets, distributes and sells organic products under brand names, which are sold as better-for-you products.