The Honest Co Inc (HNST, Financial) is set to release its Q3 2024 earnings on Nov 12, 2024. The consensus estimate for Q3 2024 revenue is $92.68 million, and the earnings are expected to come in at -$0.03 per share. The full year 2024's revenue is expected to be $368.46 million, and the earnings are expected to be -$0.11 per share. More detailed estimate data can be found on the Forecast page.
The Honest Co Inc (HNST, Financial) Estimates Trends
Over the past 90 days, revenue estimates for The Honest Co Inc (HNST) have seen an upward revision from $365.70 million to $368.46 million for the full year 2024, and from $383.98 million to $386.66 million for 2025. Conversely, earnings estimates have shown a decline from -$0.10 per share to -$0.11 per share for the full year 2024, while for 2025, there has been an improvement from -$0.04 per share to -$0.02 per share.
The Honest Co Inc (HNST, Financial) Reported History
In the previous quarter of June 30, 2024, The Honest Co Inc's (HNST) actual revenue was $93.05 million, which beat analysts' revenue expectations of $87.31 million by 6.58%. The Honest Co Inc's (HNST) actual earnings were -$0.04 per share, which beat analysts' earnings expectations of -$0.052 per share by 23.08%. After releasing the results, The Honest Co Inc (HNST) was up by 13.58% in one day.
The Honest Co Inc (HNST, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 7 analysts, the average target price for The Honest Co Inc (HNST) is $5.39 with a high estimate of $6.50 and a low estimate of $4.00. The average target implies an upside of 22.84% from the current price of $4.39.
Based on GuruFocus estimates, the estimated GF Value for The Honest Co Inc (HNST, Financial) in one year is $3.44, suggesting a downside of -21.64% from the current price of $4.39.
Based on the consensus recommendation from 8 brokerage firms, The Honest Co Inc's (HNST, Financial) average brokerage recommendation is currently 2.3, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
