Recap: Hydrofarm Holdings Group Q3 Earnings

Hydrofarm Holdings Group 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.

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