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.

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.

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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